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34f3f3f
ParticipantI 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
ParticipantI 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
ParticipantI 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
ParticipantI 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
ParticipantI checked a bank in the CDARS network yesterday, which had a good rating from bankrate.com. The scheme seems like a good idea, but I was put off by the fees, which you can either pay or the bank pays giving you a lower rate. I also couldn’t find if CDARS is regulated, and since they don’t leave any contact details on their website (another minus in my book), I couldn’t really ask them. Most of the banks in the network are small, and although you can ask not to have you funds placed with certain banks, you can’t specify which ones you do want. The banks are apparently vetted by some FDIC solvency test. A similar scheme exists for Money Market funds. I think I’m right in saying the FDIC “watch” list grew 30% last month, and I still haven’t been able to find a leaked document of those banks on the internet.
34f3f3f
ParticipantI checked a bank in the CDARS network yesterday, which had a good rating from bankrate.com. The scheme seems like a good idea, but I was put off by the fees, which you can either pay or the bank pays giving you a lower rate. I also couldn’t find if CDARS is regulated, and since they don’t leave any contact details on their website (another minus in my book), I couldn’t really ask them. Most of the banks in the network are small, and although you can ask not to have you funds placed with certain banks, you can’t specify which ones you do want. The banks are apparently vetted by some FDIC solvency test. A similar scheme exists for Money Market funds. I think I’m right in saying the FDIC “watch” list grew 30% last month, and I still haven’t been able to find a leaked document of those banks on the internet.
34f3f3f
ParticipantI checked a bank in the CDARS network yesterday, which had a good rating from bankrate.com. The scheme seems like a good idea, but I was put off by the fees, which you can either pay or the bank pays giving you a lower rate. I also couldn’t find if CDARS is regulated, and since they don’t leave any contact details on their website (another minus in my book), I couldn’t really ask them. Most of the banks in the network are small, and although you can ask not to have you funds placed with certain banks, you can’t specify which ones you do want. The banks are apparently vetted by some FDIC solvency test. A similar scheme exists for Money Market funds. I think I’m right in saying the FDIC “watch” list grew 30% last month, and I still haven’t been able to find a leaked document of those banks on the internet.
34f3f3f
ParticipantI checked a bank in the CDARS network yesterday, which had a good rating from bankrate.com. The scheme seems like a good idea, but I was put off by the fees, which you can either pay or the bank pays giving you a lower rate. I also couldn’t find if CDARS is regulated, and since they don’t leave any contact details on their website (another minus in my book), I couldn’t really ask them. Most of the banks in the network are small, and although you can ask not to have you funds placed with certain banks, you can’t specify which ones you do want. The banks are apparently vetted by some FDIC solvency test. A similar scheme exists for Money Market funds. I think I’m right in saying the FDIC “watch” list grew 30% last month, and I still haven’t been able to find a leaked document of those banks on the internet.
34f3f3f
ParticipantI checked a bank in the CDARS network yesterday, which had a good rating from bankrate.com. The scheme seems like a good idea, but I was put off by the fees, which you can either pay or the bank pays giving you a lower rate. I also couldn’t find if CDARS is regulated, and since they don’t leave any contact details on their website (another minus in my book), I couldn’t really ask them. Most of the banks in the network are small, and although you can ask not to have you funds placed with certain banks, you can’t specify which ones you do want. The banks are apparently vetted by some FDIC solvency test. A similar scheme exists for Money Market funds. I think I’m right in saying the FDIC “watch” list grew 30% last month, and I still haven’t been able to find a leaked document of those banks on the internet.
September 1, 2008 at 8:39 AM in reply to: We Are NOT alone….Look what’s happening in the U.K. #26447634f3f3f
ParticipantDamn, I thought this was going to be about a UFO crash in the UK with alien bodies found inside.
But you were right, it is about UFO’s …well, United Fellowship of Oafs. We’ve all been in this together from the very start. The UK nearly always shadows the US in these matters, and is often on the tail end that suffers the compounded effect of ‘last carriage’ collision. Actually, they are ahead in one sense, having lost their manufacturing base a long time ago, to financial services, and so are used the turbulence, but not necessarily better at coping. Alistair certainly isn’t going to be a ‘darling’ amongst his peers for that gaff.
September 1, 2008 at 8:39 AM in reply to: We Are NOT alone….Look what’s happening in the U.K. #26468834f3f3f
ParticipantDamn, I thought this was going to be about a UFO crash in the UK with alien bodies found inside.
But you were right, it is about UFO’s …well, United Fellowship of Oafs. We’ve all been in this together from the very start. The UK nearly always shadows the US in these matters, and is often on the tail end that suffers the compounded effect of ‘last carriage’ collision. Actually, they are ahead in one sense, having lost their manufacturing base a long time ago, to financial services, and so are used the turbulence, but not necessarily better at coping. Alistair certainly isn’t going to be a ‘darling’ amongst his peers for that gaff.
September 1, 2008 at 8:39 AM in reply to: We Are NOT alone….Look what’s happening in the U.K. #26469134f3f3f
ParticipantDamn, I thought this was going to be about a UFO crash in the UK with alien bodies found inside.
But you were right, it is about UFO’s …well, United Fellowship of Oafs. We’ve all been in this together from the very start. The UK nearly always shadows the US in these matters, and is often on the tail end that suffers the compounded effect of ‘last carriage’ collision. Actually, they are ahead in one sense, having lost their manufacturing base a long time ago, to financial services, and so are used the turbulence, but not necessarily better at coping. Alistair certainly isn’t going to be a ‘darling’ amongst his peers for that gaff.
September 1, 2008 at 8:39 AM in reply to: We Are NOT alone….Look what’s happening in the U.K. #26474634f3f3f
ParticipantDamn, I thought this was going to be about a UFO crash in the UK with alien bodies found inside.
But you were right, it is about UFO’s …well, United Fellowship of Oafs. We’ve all been in this together from the very start. The UK nearly always shadows the US in these matters, and is often on the tail end that suffers the compounded effect of ‘last carriage’ collision. Actually, they are ahead in one sense, having lost their manufacturing base a long time ago, to financial services, and so are used the turbulence, but not necessarily better at coping. Alistair certainly isn’t going to be a ‘darling’ amongst his peers for that gaff.
September 1, 2008 at 8:39 AM in reply to: We Are NOT alone….Look what’s happening in the U.K. #26478534f3f3f
ParticipantDamn, I thought this was going to be about a UFO crash in the UK with alien bodies found inside.
But you were right, it is about UFO’s …well, United Fellowship of Oafs. We’ve all been in this together from the very start. The UK nearly always shadows the US in these matters, and is often on the tail end that suffers the compounded effect of ‘last carriage’ collision. Actually, they are ahead in one sense, having lost their manufacturing base a long time ago, to financial services, and so are used the turbulence, but not necessarily better at coping. Alistair certainly isn’t going to be a ‘darling’ amongst his peers for that gaff.
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