What the FDIC wont tell you

User Forum Topic
Submitted by equalizer on July 14, 2008 - 9:45pm

Strongest and Weakest Banks and Thrifts:

http://www.weissratings.com/HL_Bank.asp

Marketwatch bank failures article from May:

http://tinyurl.com/5pw63b

Indymac was NOT on the March 08 quarterly report of 90 troubles banks, but FDIC exec stated that it went on the list in June on their top secret list.

FDIC exec are spewing their "no insured person has ever lost money with the FDIC". No mention of 10,000 people who are over the 100K limit.

‹ WAMU A Nation of Whiners In Mental Recession. What do you think? ›
I'm worried about Downey
Submitted by Geedup on July 15, 2008 - 12:50am.

I'm worried about Downey Savings. If you've named a beneficiary on a POD or ITF account and that beneficiary passes away before the bank fails how does FDIC coverage change? Does it convert the funds to individual coverage?

Ignore f f f f f f f f f f
Submitted by gdcox on July 15, 2008 - 1:07am.

Ignore f f f f f f f f f f

I saw some head lady from the
Submitted by cr on July 15, 2008 - 10:25am.

I saw some head lady from the FDIC on CNBC yesterday. She said that there were signs that IndyMAC should have been on the list, but the list is only released quarterly. Basically they don't want to scare people into a bank run - seems to be everyone ultimate fear.

Can you short the FDIC?

How do we gett ratings about
Submitted by 5yearwaiter on July 15, 2008 - 11:55am.

How do we gett ratings about other banks that were not in the list? Like Wells Fargo, Bank of America etc