IndyMac'd....... http://www.infowars.com/?p=3296
FDIC storms the halls of IndyMac and is now in charge
- Thread starter The Kin
- Start date
At the time of closing, IndyMac had about $1 billion of potentially uninsured deposits held by about 10,000 depositors. The FDIC said it would pay those depositors an advance dividend equal to 50 percent of the uninsured amount.
The OTS told a conference call with reporters that it did not expect significant market impact from IndyMac's closure as the firm is not a systemic institution and does not have numerous counterparties. Reich also said he did not expect a larger thrift to...
- GS,MER,MS,LEH,JPM(BSC) are too large too fail
The OTS told a conference call with reporters that it did not expect significant market impact from IndyMac's closure as the firm is not a systemic institution and does not have numerous counterparties. Reich also said he did not expect a larger thrift to...
- GS,MER,MS,LEH,JPM(BSC) are too large too fail
I wouldnot underestimate the power of American people. They can shut down buying real estate forever and bankrupt their own country and stock markets.
Yes they have done so this time successfully with real estate and the banking system behind it.
Always keep you depsoits less than $100,000. Split into different entities (not accounts ) so you get full FDIC protection.
Start opening Swiss Bank accounts at least you donot have these headaches and the bankers can manage you a healthy 5- 15 % returns a year.
OFFSHORE banking is just as easy with the Internet as your own bank. You wire money in and out use debit card buying groceries and using ATMs worldwide.
Keep monies in SWISS BANK accounts AUSTRALIAN BANK ACCOUNTS and earn healthy 5-15 % yearly returns with managed accounts.
i made a mistake investing in IMB;
live and learn;
and i have a lot to gain by having the Dow Jones average go up because I have investments in other stocks that are positively correlated with market movements.
Don't take things so seriously to the point where you want to make a personal attack on another forum member. It's not just an anonymous input behind a screen, it's a living human being with feelings and emotions.