#1
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FDIC insurance........reliable or not?
Say Countrywide goes under.......are banking funds truly safe there for investors/savers because of the FDIC insurance?
Some individuals don't believe so. Thoughts? Thanks, -fh- |
#2
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Re: FDIC insurance........reliable or not?
Some individuals are paranoid.
Funds are safe up to 100K per account |
#3
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Re: FDIC insurance........reliable or not?
FDIC will pay out. The FED will just print money to make up any potential shortfalls in FDIC reserves.
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#4
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Re: FDIC insurance........reliable or not?
Duh ------ The FED will just sell off all the .... IOWA FARMLAND---- that the FED just made a TON of MONEY on ----- in the past TWO YEARS and then have PLENTY to cover ..... up to 100 THOUSAND for each PERSON----- Then buy INVESTMENT ART to get the MONEY back in TEN YEARS.......
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#5
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Re: FDIC insurance........reliable or not?
Why don't the feds just sell off some of their beautiful Alaskan beachfront property they have?
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#6
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Re: FDIC insurance........reliable or not?
[ QUOTE ]
Why don't the feds just sell off some of their beautiful Alaskan beachfront property they have? [/ QUOTE ] because it's easier to just print money |
#7
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Re: FDIC insurance........reliable or not?
[ QUOTE ]
Some individuals are paranoid. Funds are safe up to 100K per account [/ QUOTE ] Historically FDIC has paid in full, the 100K has not to my knowledge been relevant. J |
#8
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Re: FDIC insurance........reliable or not?
[ QUOTE ]
[ QUOTE ] Some individuals are paranoid. Funds are safe up to 100K per account [/ QUOTE ] Historically FDIC has paid in full, the 100K has not to my knowledge been relevant. J [/ QUOTE ] WTFBBQ ? |
#9
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Re: FDIC insurance........reliable or not?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Some individuals are paranoid. Funds are safe up to 100K per account [/ QUOTE ] Historically FDIC has paid in full, the 100K has not to my knowledge been relevant. J [/ QUOTE ] WTFBBQ ? [/ QUOTE ] Yeah, that makes sense. khdskfhsdhfjsakdfjas Are you saying that there has been a case where the 100K(ish) FDIC limit became materially relevant? J |
#10
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Re: FDIC insurance........reliable or not?
COUNTRYWIDE cutting employees today......ugh.
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