Keep your cash safe amid bank collapses

FYI wrote:

<quoted text>
Yep. They just ousted their CEO and a WP developer recently killed himself most likely because he was in financial trouble with Wachovia along with a string of other local investors and small banks.

Wow, not good news at all, time to hide what cash we have.

If you use Bankrate.com , you will see that Suntrust has a 3 star rating - wonder why you used Bauer instead.

BIS (Bank for International Settlements) warns of Great Depression dangers from credit spree

http://www.telegraph.co.uk/money/main.jhtml...

redgator wrote:

I agree with the above. Stop the sensationalism. People will panic. I'm pretty sure we don't want another Great Depression.

We're in a great depression. In case you havent noticed.

Mackie wrote:

<quoted text> We're in a great depression. In case you havent noticed.

You're always good for a laugh..Thanks !

The Depression is upon us.

liberals hate facts wrote:

<quoted text>Money does not operate on 'reality'.....it operates on the PERCEPTION of reality.
If you don't understand the difference...then you are destined to be a financial failure.

wow. Thank you, Confucius. So if I don't understand your financial riddle, I'm destined for failure, huh?

You talking to me about finances would be like me talking to you about picking corn or whatever it is you do.

nuskoold wrote:

<quoted text>
wow. Thank you, Confucius. So if I don't understand your financial riddle, I'm destined for failure, huh?
You talking to me about finances would be like me talking to you about picking corn or whatever it is you do.

It's flawed just like our banking system.

nuskoold wrote:

<quoted text>
wow. Thank you, Confucius. So if I don't understand your financial riddle, I'm destined for failure, huh?
You talking to me about finances would be like me talking to you about picking corn or whatever it is you do.

How about you just learn this simple principle.....don't spend more than you make.

Obviously, that's about as far as your brain is going to reach.

I'da thought, that with all the time you have sitting on that mower all day, that you could build some deeper understanding and insight...but perhaps the iPod is just turned up too loud for anything else except that country station to seep into the thickness of your skull.

Consider this...For every dollar in every FDIC insured account, there is a penny and 1/2 in the FDIC to back it up. I typed in "is money safe in FDIC?" and article came up.