Countrywide bank – is it safe?

[bub]

Thanks kev374 for demonstrating the principle of Moral Hazard with a real world example.

Oh btw if Countryslide fails and you have to wait for it all to get sorted out don’t make the mistake of posting about it here.

Is it safe? Unfrickin believable!

[bub]

Thanks kev374 for demonstrating the principle of Moral Hazard with a real world example.

Oh btw if Countryslide fails and you have to wait for it all to get sorted out don’t make the mistake of posting about it here.

Is it safe? Unfrickin believable!

[kev374]

bub? what is your problem??

Moral Hazard is the Fed cutting interest rates and screwing over all the responsible people that depend on their savings holding it’s value.

Savings at other places doesn’t even earn enough interest to break even after inflation and taxes!

[kev374]

bub? what is your problem??

Moral Hazard is the Fed cutting interest rates and screwing over all the responsible people that depend on their savings holding it’s value.

Savings at other places doesn’t even earn enough interest to break even after inflation and taxes!

[kev374]

bub? what is your problem??

Moral Hazard is the Fed cutting interest rates and screwing over all the responsible people that depend on their savings holding it’s value.

Savings at other places doesn’t even earn enough interest to break even after inflation and taxes!

[kev374]

bub? what is your problem??

Moral Hazard is the Fed cutting interest rates and screwing over all the responsible people that depend on their savings holding it’s value.

Savings at other places doesn’t even earn enough interest to break even after inflation and taxes!

[bub]

My problem is the American public willing to game the system anyway they can.

FDIC Insurance is the moral hazard in this particular case.

Would you even consider for a minute putting a dime in that pos bank if it were not for FDIC insurance?

[bub]

My problem is the American public willing to game the system anyway they can.

FDIC Insurance is the moral hazard in this particular case.

Would you even consider for a minute putting a dime in that pos bank if it were not for FDIC insurance?

[bub]

My problem is the American public willing to game the system anyway they can.

FDIC Insurance is the moral hazard in this particular case.

Would you even consider for a minute putting a dime in that pos bank if it were not for FDIC insurance?

[bub]

My problem is the American public willing to game the system anyway they can.

FDIC Insurance is the moral hazard in this particular case.

Would you even consider for a minute putting a dime in that pos bank if it were not for FDIC insurance?

[CBad]

No, but it is FDIC insured so what’s your point? If banks weren’t FDIC insured I’d use a safe in my house.

[CBad]

No, but it is FDIC insured so what’s your point? If banks weren’t FDIC insured I’d use a safe in my house.

[CBad]

No, but it is FDIC insured so what’s your point? If banks weren’t FDIC insured I’d use a safe in my house.

[CBad]

No, but it is FDIC insured so what’s your point? If banks weren’t FDIC insured I’d use a safe in my house.

[CBad]

FYI, and how long did it take these people to get their money?

Historical Bank Failures from FDIC site

[Author]

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