Who still has money in Neteller?

[Bob T.]

Wow, after reading this thread, I'm almost happy that I only have 1K in there. Ok, now merely annoyed, I sympathise with those of you that have much more, because it is probably a much larger percentage of your entire financial picture.

On the other hand, with the non-US money that is in neteller, and the sample of funds that are represented here, you almost have to have a little hope, that neteller has enough resources to handle this eventually, and that their current problem is just a problem of liquidity. I know that if I was running a company where you where holding a lot of money, and it seemed unlikely that you were going to need it in the short term, I would have invested the bulk of my funds in short term paper, so that I could capture a little extra return on my holdings. If that is true, I would expect that their liquidity would improve every month, maybe starting next month, because they probably are in a situation where they have negative liquidity right now, and are paying net interest on money that has been moved out of their site.