How Safe Are Banks?

There are 40 comments on the Wall Street Journal story from Jun 23, 2013, titled How Safe Are Banks?. In it, Wall Street Journal reports that:

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com Sullivan and Cromwell LLP Senior Chairman H. Rodgin Cohen says not enough safeguards have been ... (more)

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sinic

Kerrville, TX

#1 Jun 23, 2013
How Safe Are Banks?

Only for Bankers.
Gary

Bellingham, WA

#2 Jun 23, 2013
I was in one the other day and it looked
substantial. Looked safe. I walked in and then
walked out and nothing bad happened. Nothing fell on me.

Overall, I'd say it was very safe.

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Wall Street Government

Sebastian, FL

#3 Jun 23, 2013
The banks are fine.

Politicians will be fine.

It's the rest of us that are screwed.
goose

Chicago, IL

#4 Jun 23, 2013
Banks are backed by the federal governement if that helps ease your mind! hahahaha
iamval

Baltimore, MD

#5 Jun 23, 2013
Reading this got me worried so I checked under my bed and thank god my piggy bank was ok. Scary

Since: Nov 08

Paris

#7 Jun 24, 2013
goose wrote:
Banks are backed by the federal governement if that helps ease your mind! hahahaha
The banks are fine as long as China keeps pumping Obama's stash.

Since: Nov 08

Paris

#8 Jun 24, 2013
Wall Street Government wrote:
The banks are fine.
Politicians will be fine.
It's the rest of us that are screwed.
ten four
sinic

Kerrville, TX

#9 Jun 24, 2013
goose wrote:
Banks are backed by the federal governement if that helps ease your mind! hahahaha
Translation of goose's statement -- Banks are backed by taxpayers, as least in the USA and Europe. Funny since their cartel has the ability to create fiat money for nothing.

Since: Nov 08

Paris

#10 Jun 24, 2013
sinic wrote:
<quoted text>
Translation of goose's statement -- Banks are backed by taxpayers, as least in the USA and Europe. Funny since their cartel has the ability to create fiat money for nothing.
Since Obama and the Feds are giving money to banks at 0 to 1$ there is no reason for the banks to loan money at RISK that would promote growth and jobs, when they can buy bonds and make 3% with no risk. The feds need to raise the interest rates so banks will have to do what they were ment to do, spur growth and keep the money circulating.

Since: Nov 08

Paris

#11 Jun 24, 2013
1% instead of $
conservative crapola

Reading, PA

#12 Jun 24, 2013
Le Jimbo wrote:
<quoted text>
After the con's 8 year attempt at bankrupting America, your posts are a joke.

hahahahahahahaha
Wall Street Government

Sebastian, FL

#13 Jun 24, 2013
Le Jimbo wrote:
<quoted text>Since Obama and the Feds are giving money to banks at 0 to 1$ there is no reason for the banks to loan money at RISK that would promote growth and jobs, when they can buy bonds and make 3% with no risk. The feds need to raise the interest rates so banks will have to do what they were ment to do, spur growth and keep the money circulating.
We don't need banks to "spur" the economy.

Consumers and jobs do that all by themselves.

That's what keeps currency flowing.

And we do the world a favor by eliminating the Federal Reserve, the Central Bank and the IMF.

Since: Nov 08

Paris

#14 Jun 24, 2013
conservative crapola wrote:
<quoted text>
After the con's 8 year attempt at bankrupting America, your posts are a joke.
hahahahahahahaha
Bot Babble. Dodd and Franks preclude your babble.

Since: Nov 08

Paris

#15 Jun 24, 2013
Wall Street Government wrote:
<quoted text>
We don't need banks to "spur" the economy.
Consumers and jobs do that all by themselves.
That's what keeps currency flowing.
And we do the world a favor by eliminating the Federal Reserve, the Central Bank and the IMF.
Investment is growth moron. Didn't they teach you anything at the indoctrination classes at aternative school.

Since: Nov 08

Paris

#16 Jun 24, 2013
These loons quickly forget that Obama declared if we gave him a trillion dollars he would promote growth...........7 trillion ago, that was the promise.......now all we have are no shovel ready jobs but plenty flipping hamburgers.
conservative crapola

Reading, PA

#17 Jun 24, 2013
Le Jimbo wrote:
<quoted text>Bot Babble. Dodd and Franks preclude your babble.
flubs amnesia noted. They'll help you with that at hospital.
Wall Street Government

Sebastian, FL

#19 Jun 24, 2013
Le Jimbo wrote:
<quoted text>Investment is growth moron. Didn't they teach you anything at the indoctrination classes at aternative school.
Never said it wasn't.

You don't need the federal reserve to do that.

A credit union or community bank will do just fine.

Poor teabagger.
Wall Street Government

Sebastian, FL

#20 Jun 24, 2013
Le Jimbo wrote:
<quoted text>Investment is growth moron. Didn't they teach you anything at the indoctrination classes at aternative school.
What do you think your doing when you buy something?

Weather it be a building or a piece of stock?

Those cracker jacks at FAUX taught you a lot.

Alternative school should have been your "alternative".

Poor teabagger.

Since: Nov 08

Paris

#21 Jun 24, 2013
conservative crapola wrote:
<quoted text>
flubs amnesia noted. They'll help you with that at hospital.
Babble on nitwit. We can glue you post together some day and try to make sense of them.

Since: Nov 08

Paris

#22 Jun 24, 2013
Wall Street Government wrote:
<quoted text>
Never said it wasn't.
You don't need the federal reserve to do that.
A credit union or community bank will do just fine.
Poor teabagger.
Of course they can all loan money, and when the do people start businesses or buy a car and other big ticket items. That in turn brings jobs.

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