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Viewing 11 posts - 61 through 71 (of 71 total)
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  • June 28, 2008 at 8:42 PM #230649
    bsrsharma
    Participant

    Unless stated so clearly, most money market funds are not FDIC insured. However, it may be covered by SIPC.

    See http://www.sipc.org/how/covers.cfm

    I think my IRA would be protected by SIPC; but don’t want to test it! In case of massive failure, I don’t know how well SIPC can hold up. At least FDIC is taxpayer backed.

    June 28, 2008 at 9:46 PM #230532
    equalizer
    Participant

    FPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!

    Rayb: What is going to a dollar?

    June 28, 2008 at 9:46 PM #230654
    equalizer
    Participant

    FPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!

    Rayb: What is going to a dollar?

    June 28, 2008 at 9:46 PM #230667
    equalizer
    Participant

    FPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!

    Rayb: What is going to a dollar?

    June 28, 2008 at 9:46 PM #230702
    equalizer
    Participant

    FPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!

    Rayb: What is going to a dollar?

    June 28, 2008 at 9:46 PM #230716
    equalizer
    Participant

    FPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!

    Rayb: What is going to a dollar?

    June 28, 2008 at 11:32 PM #230562
    Raybyrnes
    Participant

    Asked where my friend where he saw Wamu. Said he saw it going to a dollar. Put wachovia and a few other large banks in the same mix. Has called the entire financial system a Legalized Ponzi Scheme. His words not mine. He has been very accurate with his calls. Guess it helps when you are seeing first hand what institutional investors are willing to pay for debt.

    June 28, 2008 at 11:32 PM #230684
    Raybyrnes
    Participant

    Asked where my friend where he saw Wamu. Said he saw it going to a dollar. Put wachovia and a few other large banks in the same mix. Has called the entire financial system a Legalized Ponzi Scheme. His words not mine. He has been very accurate with his calls. Guess it helps when you are seeing first hand what institutional investors are willing to pay for debt.

    June 28, 2008 at 11:32 PM #230694
    Raybyrnes
    Participant

    Asked where my friend where he saw Wamu. Said he saw it going to a dollar. Put wachovia and a few other large banks in the same mix. Has called the entire financial system a Legalized Ponzi Scheme. His words not mine. He has been very accurate with his calls. Guess it helps when you are seeing first hand what institutional investors are willing to pay for debt.

    June 28, 2008 at 11:32 PM #230731
    Raybyrnes
    Participant

    Asked where my friend where he saw Wamu. Said he saw it going to a dollar. Put wachovia and a few other large banks in the same mix. Has called the entire financial system a Legalized Ponzi Scheme. His words not mine. He has been very accurate with his calls. Guess it helps when you are seeing first hand what institutional investors are willing to pay for debt.

    June 28, 2008 at 11:32 PM #230747
    Raybyrnes
    Participant

    Asked where my friend where he saw Wamu. Said he saw it going to a dollar. Put wachovia and a few other large banks in the same mix. Has called the entire financial system a Legalized Ponzi Scheme. His words not mine. He has been very accurate with his calls. Guess it helps when you are seeing first hand what institutional investors are willing to pay for debt.

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