Safe(r) banks

[Raybyrnes]

Wamu was offering a 12 month cd online with an add on feature for 5% last week. Best I’ve seen. They also have deals at the branch level for thsoe who are willing to speak to the manger and have a 90 K to put down.

[34f3f3f]

I found this link which offers a comprehensive list of troubled banks. You need to send your email to get the list. The video is long but worth a listen, and at least they name names. I would cross reference their list with other ratings lists, and if a bank appears on 2 or 3 lists, I’d move my funds. The main thrust of the video is 1) FDIC reserves appear adequate to date, 2) short term US treasuries or MM treasuries are a safe otion, 3) Inverse ETFs or options are a good hedge against many negatives, 4) brokers currently aren’t a real concern, 5) big is not commensurate with safe

http://www.moneyandmarkets.com/newsletter/default103.aspx?sc=G100&EC=86830

[34f3f3f]

I found this link which offers a comprehensive list of troubled banks. You need to send your email to get the list. The video is long but worth a listen, and at least they name names. I would cross reference their list with other ratings lists, and if a bank appears on 2 or 3 lists, I’d move my funds. The main thrust of the video is 1) FDIC reserves appear adequate to date, 2) short term US treasuries or MM treasuries are a safe otion, 3) Inverse ETFs or options are a good hedge against many negatives, 4) brokers currently aren’t a real concern, 5) big is not commensurate with safe

http://www.moneyandmarkets.com/newsletter/default103.aspx?sc=G100&EC=86830

[34f3f3f]

I found this link which offers a comprehensive list of troubled banks. You need to send your email to get the list. The video is long but worth a listen, and at least they name names. I would cross reference their list with other ratings lists, and if a bank appears on 2 or 3 lists, I’d move my funds. The main thrust of the video is 1) FDIC reserves appear adequate to date, 2) short term US treasuries or MM treasuries are a safe otion, 3) Inverse ETFs or options are a good hedge against many negatives, 4) brokers currently aren’t a real concern, 5) big is not commensurate with safe

http://www.moneyandmarkets.com/newsletter/default103.aspx?sc=G100&EC=86830

[34f3f3f]

I found this link which offers a comprehensive list of troubled banks. You need to send your email to get the list. The video is long but worth a listen, and at least they name names. I would cross reference their list with other ratings lists, and if a bank appears on 2 or 3 lists, I’d move my funds. The main thrust of the video is 1) FDIC reserves appear adequate to date, 2) short term US treasuries or MM treasuries are a safe otion, 3) Inverse ETFs or options are a good hedge against many negatives, 4) brokers currently aren’t a real concern, 5) big is not commensurate with safe

http://www.moneyandmarkets.com/newsletter/default103.aspx?sc=G100&EC=86830

[34f3f3f]

I found this link which offers a comprehensive list of troubled banks. You need to send your email to get the list. The video is long but worth a listen, and at least they name names. I would cross reference their list with other ratings lists, and if a bank appears on 2 or 3 lists, I’d move my funds. The main thrust of the video is 1) FDIC reserves appear adequate to date, 2) short term US treasuries or MM treasuries are a safe otion, 3) Inverse ETFs or options are a good hedge against many negatives, 4) brokers currently aren’t a real concern, 5) big is not commensurate with safe

http://www.moneyandmarkets.com/newsletter/default103.aspx?sc=G100&EC=86830

[peterb]

Careful using the troubled bank list. I doubt it’s very comrehensive.
Indymac was not even mentioned on it when it failed….

[peterb]

Careful using the troubled bank list. I doubt it’s very comrehensive.
Indymac was not even mentioned on it when it failed….

[peterb]

Careful using the troubled bank list. I doubt it’s very comrehensive.
Indymac was not even mentioned on it when it failed….

[peterb]

Careful using the troubled bank list. I doubt it’s very comrehensive.
Indymac was not even mentioned on it when it failed….

[peterb]

Careful using the troubled bank list. I doubt it’s very comrehensive.
Indymac was not even mentioned on it when it failed….

[34f3f3f]

I totally agree peterb, that’s why I suggest cross referencing more than one list. One hopes that, if a black list does anything, it may compel some banks to defend their positions, with perhaps a little more transparency. Of course, if anyone is fortunate to stumble across the FDIC list, I for one would take it seriously. I wonder how legal withholding this information is? Are the courts sympathetic to Catch 22 scenarios? I guess it may depend on the judges politics.

[34f3f3f]

I totally agree peterb, that’s why I suggest cross referencing more than one list. One hopes that, if a black list does anything, it may compel some banks to defend their positions, with perhaps a little more transparency. Of course, if anyone is fortunate to stumble across the FDIC list, I for one would take it seriously. I wonder how legal withholding this information is? Are the courts sympathetic to Catch 22 scenarios? I guess it may depend on the judges politics.

[34f3f3f]

I totally agree peterb, that’s why I suggest cross referencing more than one list. One hopes that, if a black list does anything, it may compel some banks to defend their positions, with perhaps a little more transparency. Of course, if anyone is fortunate to stumble across the FDIC list, I for one would take it seriously. I wonder how legal withholding this information is? Are the courts sympathetic to Catch 22 scenarios? I guess it may depend on the judges politics.

[34f3f3f]

I totally agree peterb, that’s why I suggest cross referencing more than one list. One hopes that, if a black list does anything, it may compel some banks to defend their positions, with perhaps a little more transparency. Of course, if anyone is fortunate to stumble across the FDIC list, I for one would take it seriously. I wonder how legal withholding this information is? Are the courts sympathetic to Catch 22 scenarios? I guess it may depend on the judges politics.

[Author]

Posts