Home › Forums › Financial Markets/Economics › When will this stop?
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akbarpunjabi.
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May 20, 2008 at 9:25 PM #208912May 21, 2008 at 2:23 AM #208918
patientrenter
ParticipantHLS: “Although we all expect FDIC to step up to the plate the next business day to offer coverage to a failed bank, this just may not be possible if it is a large bank.”
In my opinion, there is negligible risk in relying on FDIC insurance coverage (up to the insured limits). Even if all the banks went belly-up, Congress would direct enough money to be printed to cover all the FDIC insured liabilities to depositors. I am sure of it. If you’re not sure, just look at what Chris Dodd and Barney Frank and Chuck Schumer are doing for politically powerful homeowners that had no insurance.
Patient renter in OC
May 21, 2008 at 2:23 AM #208975patientrenter
ParticipantHLS: “Although we all expect FDIC to step up to the plate the next business day to offer coverage to a failed bank, this just may not be possible if it is a large bank.”
In my opinion, there is negligible risk in relying on FDIC insurance coverage (up to the insured limits). Even if all the banks went belly-up, Congress would direct enough money to be printed to cover all the FDIC insured liabilities to depositors. I am sure of it. If you’re not sure, just look at what Chris Dodd and Barney Frank and Chuck Schumer are doing for politically powerful homeowners that had no insurance.
Patient renter in OC
May 21, 2008 at 2:23 AM #209005patientrenter
ParticipantHLS: “Although we all expect FDIC to step up to the plate the next business day to offer coverage to a failed bank, this just may not be possible if it is a large bank.”
In my opinion, there is negligible risk in relying on FDIC insurance coverage (up to the insured limits). Even if all the banks went belly-up, Congress would direct enough money to be printed to cover all the FDIC insured liabilities to depositors. I am sure of it. If you’re not sure, just look at what Chris Dodd and Barney Frank and Chuck Schumer are doing for politically powerful homeowners that had no insurance.
Patient renter in OC
May 21, 2008 at 2:23 AM #209029patientrenter
ParticipantHLS: “Although we all expect FDIC to step up to the plate the next business day to offer coverage to a failed bank, this just may not be possible if it is a large bank.”
In my opinion, there is negligible risk in relying on FDIC insurance coverage (up to the insured limits). Even if all the banks went belly-up, Congress would direct enough money to be printed to cover all the FDIC insured liabilities to depositors. I am sure of it. If you’re not sure, just look at what Chris Dodd and Barney Frank and Chuck Schumer are doing for politically powerful homeowners that had no insurance.
Patient renter in OC
May 21, 2008 at 2:23 AM #209063patientrenter
ParticipantHLS: “Although we all expect FDIC to step up to the plate the next business day to offer coverage to a failed bank, this just may not be possible if it is a large bank.”
In my opinion, there is negligible risk in relying on FDIC insurance coverage (up to the insured limits). Even if all the banks went belly-up, Congress would direct enough money to be printed to cover all the FDIC insured liabilities to depositors. I am sure of it. If you’re not sure, just look at what Chris Dodd and Barney Frank and Chuck Schumer are doing for politically powerful homeowners that had no insurance.
Patient renter in OC
May 21, 2008 at 2:56 AM #208928Anonymous
GuestNot to stir any paranoia but I noticed that NFCU made the top ten nationwide in 2nds mortgages. Last quarter’s top ten lost a few banks that disappeared, but still, 2nds? I’m a member and they’ve got a good base, but 2nds?
May 21, 2008 at 2:56 AM #208985Anonymous
GuestNot to stir any paranoia but I noticed that NFCU made the top ten nationwide in 2nds mortgages. Last quarter’s top ten lost a few banks that disappeared, but still, 2nds? I’m a member and they’ve got a good base, but 2nds?
May 21, 2008 at 2:56 AM #209015Anonymous
GuestNot to stir any paranoia but I noticed that NFCU made the top ten nationwide in 2nds mortgages. Last quarter’s top ten lost a few banks that disappeared, but still, 2nds? I’m a member and they’ve got a good base, but 2nds?
May 21, 2008 at 2:56 AM #209039Anonymous
GuestNot to stir any paranoia but I noticed that NFCU made the top ten nationwide in 2nds mortgages. Last quarter’s top ten lost a few banks that disappeared, but still, 2nds? I’m a member and they’ve got a good base, but 2nds?
May 21, 2008 at 2:56 AM #209074Anonymous
GuestNot to stir any paranoia but I noticed that NFCU made the top ten nationwide in 2nds mortgages. Last quarter’s top ten lost a few banks that disappeared, but still, 2nds? I’m a member and they’ve got a good base, but 2nds?
May 21, 2008 at 7:01 AM #208978Multiplepropertyowner
ParticipantAnyone investing in China? I would not even know where to start?
May 21, 2008 at 7:01 AM #209035Multiplepropertyowner
ParticipantAnyone investing in China? I would not even know where to start?
May 21, 2008 at 7:01 AM #209068Multiplepropertyowner
ParticipantAnyone investing in China? I would not even know where to start?
May 21, 2008 at 7:01 AM #209090Multiplepropertyowner
ParticipantAnyone investing in China? I would not even know where to start?
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