Thread: Stick it to the man!!!!

Originally Posted by Gogo

Originally Posted by alexcastro

Originally Posted by grandmasmad

Your money is safe up to $100,000.00??????????? right????????????????

FDIC and all that....How about like ING Direct...the on-line bank....I know they exist also in Australia.... They state FDIC insured......

Your money is safe up to $100,000.00??????????? right????????????????

Yes grandmasmad. Your money is FDIC insured up to $100,000. I have a friend who had several accounts and she would move them around with whoever had the better interest rate. One of the banks closed and she had over $100,000 and lost the amount that was over that. Last I heard Bank of America or HSBC were gonna buy Washinton Mutual. I haven't heard the latest though. I'm not sure why you would need to close the account.

I heard that too a week ago but the latest I heard it was a bank in Canada.

That really scares me. Insured up to $100,000 is nothing these days. What are people supposed to do, spread their money all over the place?

FDIC just seized Washington Mutual!!!!!!!!!! The you know what is starting to hit the fan people!!! YIKES!!!!

Originally Posted by alexcastro

FDIC just seized Washington Mutual!!!!!!!!!! The you know what is starting to hit the fan people!!! YIKES!!!!

THEY SEIZED WAMU? I STILL HAVE A SMALL CHECKING ACCOUNT THERE. I JUST CLOSED THE SAVINGS YESTERDAY....JUST IN CASE. I DONT HAVE MUCH THERE SO I GUESS I WILL GET IT BACK.

OK I AM READING THAT IT WAS SEIZED BY FDIC AND THEN BOUGHT BY JP MORGAN. I GUESS THERE ARE MANY STORIES GOING AROUND AND WE WILL HAVE TO WAIT FOR THE DUST TO CLEAR TO GET THE ACTUAL STORY. BUT IT LOOKS LIKE WAMU DID IN FACT GO DOWN.

These Gangsters are trying to hold the American people hostage I say run the banks and send a message our voices are no longer good enough!!

Real action takes courage lets show the rest of the world that freedom still exists somewhere!!!!! And Stick it to the man!!!!!

They won't take my money and tell me to butt out!!!!!