Federal Deposit Insurance Corporation

[Mike Garrett RAA]

PANIC, PANIC, PANIC!!! Run, don't walk...take your money out of the bank. Put it under your mattress, bury it in your back yard, buy guns and gold with it. It's the end of the world!

Oh brother...what sheep!

 

[JRS at OBX]

PANIC, PANIC, PANIC!!! Run, don't walk...take your money out of the bank. Put it under your mattress, bury it in your back yard, buy guns and gold with it. It's the end of the world!

Oh brother...what sheep!

Come on....first you buy the guns, then you TAKE the gold!!! :new_all_coholic:

How exactly do you swashbuckle anyway?

 

[Hamlet]

Come on....first you buy the guns, then you TAKE the gold!!! :new_all_coholic:

How exactly do you swashbuckle anyway?

I would imagine success would be dependant on possessing sufficient weapons.

 

[Jerry Still]

"I hear the US mint is hiring printing press operators and adding a 2nd and 3rd shift"

Are they hiring?


JS

 

[Terrel L. Shields]

How exactly do you swashbuckle anyway?

After walking thru the barn yard I alwayshh wash my (5) buckle overshoes..

Are they hiring?

only trainees and thru a Printer Management Company who gets ½ your wages.

I thought it rather stupid that people lined up at IndyMac the day AFTER it closed to pull out money....a little late for most.

My bro. always said keep your money in the biggests safest banks or the weakest ones. The good ones won't go under. The bad ones go under first and there will be money for them. By the time they get to the middling banks, the FDIC will be out of money. And its 50¢ on the dollar over $100,000 ($250,000 for an IRA)...

I can't believe so many people keep BIG accounts in banks with all the bad press. How oblivious are you to what is going on? No wonder there is a run on the banks. The "Sheep" didn't read the financials and now they are trying to do what the Fed wants to do with Mortgage brokers. Close the barn door after the horses have escaped.

 

[Dee Dee]

Does anyone know if you are really safe if you have more than $100k, but have it titled in different names on different accounts? Is it really safe then?

Shortly after selling my house last year I asked that same question at my bank and they gave me the FDIC rules. What it boils down to is that ALL accounts that have your name on them are included as part of the total up to $100,000. After that, it's at your own risk. Between my personal accounts, two business accounts, CD's and my son's account with me as a secondary (I had forgotten about it. He's an engineer and had quite a stash!), I had to do some shuffling.

Don't worry, though. Mr. Garrett plans to support those who didn't panic but probably should have protected their uninsured assets. :icon_wink:

 

[Tim The Enchanter]

Attention all planets of the solar federation!

WE HAVE ASSUMED CONTROL.
WE HAVE ASSUMED CONTROL.
WE HAVE ASSUMED CONTROL!

 

[Mike Garrett RAA]

I just wish I had $100,000 in any bank! LOL.

 

[Greg Bell]

PANIC, PANIC, PANIC!!! Run, don't walk...take your money out of the bank. Put it under your mattress, bury it in your back yard, buy guns and gold with it. It's the end of the world!

Oh brother...what sheep!

Excellent advice .......Baaaaaaaaaa...
Quick , by some mutton and Ammo..

 

[Restrain]

They called the cops at one IndyMac location, who threated the depositors with arrest.