FDIC - NetBank fails

[Bowgett]

On September 28, 2007, NetBank, Alpharetta, Georgia was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.

http://www.fdic.gov/bank/individual/failed/NetBank.html

 

[stock777]

No advance notice besides the 18 cent stock price.

 

[THE-BEAKER]

a bank failure in the us.

i thought this was only happening in europe.

back flashes of 1929.

buy gold and turn out the lights.

the us dollar is history and no longer the world currency.

 

[athlonmank8]

Quote from stock777:

No advance notice besides the 18 cent stock price.

LMAO!!!