I have a question.. if a few major banks go under, and there are a 5 million people with 100k.. wouldn’t that be highly inflationary? Like here we printed you all new money, but it’s only worth $50k now, thanks for helping us out!
[quote=waiting for bottom]My wife and I have $150K with one bank. From what I read, as long as they are joint accounts we are covered to $200K. Is this correct? Any tips and how to make sure I am bulletproof (other than putting the cash in my mattress)?[/quote]
You better double and triple check that fact. Better to even get something in writing from the bank (or print from FDIC literature) rather than some verbal promises.
[quote=waiting for bottom]My wife and I have $150K with one bank. From what I read, as long as they are joint accounts we are covered to $200K. Is this correct? Any tips and how to make sure I am bulletproof (other than putting the cash in my mattress)?[/quote]
You better double and triple check that fact. Better to even get something in writing from the bank (or print from FDIC literature) rather than some verbal promises.
[quote=waiting for bottom]My wife and I have $150K with one bank. From what I read, as long as they are joint accounts we are covered to $200K. Is this correct? Any tips and how to make sure I am bulletproof (other than putting the cash in my mattress)?[/quote]
You better double and triple check that fact. Better to even get something in writing from the bank (or print from FDIC literature) rather than some verbal promises.
[quote=waiting for bottom]My wife and I have $150K with one bank. From what I read, as long as they are joint accounts we are covered to $200K. Is this correct? Any tips and how to make sure I am bulletproof (other than putting the cash in my mattress)?[/quote]
You better double and triple check that fact. Better to even get something in writing from the bank (or print from FDIC literature) rather than some verbal promises.
[quote=waiting for bottom]My wife and I have $150K with one bank. From what I read, as long as they are joint accounts we are covered to $200K. Is this correct? Any tips and how to make sure I am bulletproof (other than putting the cash in my mattress)?[/quote]
You better double and triple check that fact. Better to even get something in writing from the bank (or print from FDIC literature) rather than some verbal promises.
Downey is next. DSL numbers are worse than WM, plus Washinton Mutual is not a “small” regional bank. Yes Washington Mutual should and most likely will fail, but politicians will fight to keep it open. A run on all banks is possible (not likely but …) if WM fails.
Downey is next. DSL numbers are worse than WM, plus Washinton Mutual is not a “small” regional bank. Yes Washington Mutual should and most likely will fail, but politicians will fight to keep it open. A run on all banks is possible (not likely but …) if WM fails.
Downey is next. DSL numbers are worse than WM, plus Washinton Mutual is not a “small” regional bank. Yes Washington Mutual should and most likely will fail, but politicians will fight to keep it open. A run on all banks is possible (not likely but …) if WM fails.
Downey is next. DSL numbers are worse than WM, plus Washinton Mutual is not a “small” regional bank. Yes Washington Mutual should and most likely will fail, but politicians will fight to keep it open. A run on all banks is possible (not likely but …) if WM fails.
Downey is next. DSL numbers are worse than WM, plus Washinton Mutual is not a “small” regional bank. Yes Washington Mutual should and most likely will fail, but politicians will fight to keep it open. A run on all banks is possible (not likely but …) if WM fails.
