Are Any Non Mega Banks Safe Enough To Ignore 100K FDIC Limit?

[stephenNUTS]

David,

First of all I dont care if you have $200MM(and I dont want to get into embarassing you in a pissing contest ...lol)...but your first line of your reply blows your cover,and validates my response/POV:

Everybody knows that I have a lot more than a million dollars so how was it bragging

Word to the wise sir,
You may enjoy kissing YOUR mirror in the morning when you wake up...but I can see through the other side of the glass my friend...as you are NOT impressing some 17yr old HS kid here

Dont make a fool of yourself any longer than you already have.The average age/experience level/IQ on the WHOLE 2+2 website IS very low lately....but since I started posting/reading BFI the last few weeks....its been a pleasure to help,lead,guide as well as LEARN myself about any and all subjects pertinent to ones financial growth along with life type situations/questions

You can tell Mason & Co. to BLOW UP the other 20+ forums on this website for all I care,because no one would miss them in the least bit...EXCEPT the group I described above.The quality of posts/threads on 2+2 has diminished to ZERO....except for BFI in my opinion,and I hope each time I post/reply....I may help someone in some way,shape,or form

I have recieved more PM's since posting in BFI,than you could imagine.....and I LOVE responding to everyone of them...just I as "tried" to do with you in the original post

Your ignorant reply belongs in the NVG forum,where it would fit like a glove for Christ sakes

I actually dont know what else to say?
Stephen Feraca [img]/images/graemlins/confused.gif[/img]

***if you want to BAN me...please do so....you have the BADGE......so feel free if you cant handle brutal honesty.

[David Sklansky]

You are wrong. Period. The million bucks was mentioned only because it is way over the FDIC insurance. My personal situation was mentioned only to put a little flavoring on the question regarding banks chances of not paying off non insured deposits.

And I have never banned one person from this website.

[West]

Post deleted by David Sklansky

[stephenNUTS]

[ QUOTE ]
Post deleted by David Sklansky

[/ QUOTE ]

Any particular reason why?
[img]/images/graemlins/confused.gif[/img]

[David Sklansky]

[ QUOTE ]
[ QUOTE ]
Post deleted by David Sklansky

[/ QUOTE ]

Any particular reason why?
[img]/images/graemlins/confused.gif[/img]

[/ QUOTE ]

I did not delete any post.

[David Sklansky]

"I sure didn't know you had millions! I don't see you in Bobby's room and I can't see how your books have generated millions, but apparently they have. While we are on the subject, what is your net worth (since everyone already knows except me) and what was the source (books, poker, investments?)."

Anybody who plays in Bobby's room is making a mistake unless they stick almost exclusively to the best games AND have a gambling bankroll of at least ten million. But I do play 300-600 most days.

Perhaps you underestimated how many books I have sold (almost a million). Perhaps you didn't realize that my royalty rate is even greater than the usual generous amount that Mason pays because I helped originate the company. Perhaps you didn't realize how much you and others here contribute to my income by frequenting this site.

My Shuffle Master options, renumeration for consultant work, made me a pretty penny. And I did tell everybody on this forum about my Immersion and Taser investments.

Meanwhile I can still knock out at least a hundred an hour playing poker if I feel like it.

I thought all of the above was pretty common knowledge.

But so what. I have less than ten million which means it is ridiculous to think I am bragging about my bankroll. At least 5% of American men my age have more. Probably half of my Wharton classmates do.

I really don't understand how this thread degenerated into all these silly issues.

[stephenNUTS]

[ QUOTE ]
"I sure didn't know you had millions! I don't see you in Bobby's room and I can't see how your books have generated millions, but apparently they have. While we are on the subject, what is your net worth (since everyone already knows except me) and what was the source (books, poker, investments?)."

Anybody who plays in Bobby's room is making a mistake unless they stick almost exclusively to the best games AND have a gambling bankroll of at least ten million. But I do play 300-600 most days.

Perhaps you underestimated how many books I have sold (almost a million). Perhaps you didn't realize that my royalty rate is even greater than the usual generous amount that Mason pays because I helped originate the company. Perhaps you didn't realize how much you and others here contribute to my income by frequenting this site.

My Shuffle Master options, renumeration for consultant work, made me a pretty penny. And I did tell everybody on this forum about my Immersion and Taser investments.

Meanwhile I can still knock out at least a hundred an hour playing poker if I feel like it.

I thought all of the above was pretty common knowledge.

But so what. I have less than ten million which means it is ridiculous to think I am bragging about my bankroll. At least 5% of American men my age have more. Probably half of my Wharton classmates do.

I really don't understand how this thread degenerated into all these silly issues .

[/ QUOTE ]

David

Seriously...how could you ask "I really don't understand how this thread degenerated into all these silly issues"

...when you constantly reply with self serving "I keep my net worth attached to my forehead" type inuendo's in every sentence?

As Jimbo stated.....your answer was in the FIRST couple of replies,and should have ended there.Once I asked some questions with true sincerity myself....you went into your ...."you dont understand how lazy I am".....,"dont you know I have millions"....."you didnt know I have made millions writing books"...."my shuffle master and tasr options made me zillions"....etc!

What did you expect the intelligent people to take from this thread on this forum?

If anything...why didnt you post this crap in BBV,as the kiddie patrol might be impressed by this type of chirping.

I know for sure I am not impressed,and I would tend to believe the majority of other posters in BFI are not as well

I actually feel abit sorry for you now...as it is quite pathetic?

[img]/images/graemlins/confused.gif[/img]

EDIT..this could be one of the SCUMMIEST comments I have ever heard:

""Perhaps you didn't realize how much you and others here contribute to my income by frequenting this site""

[Thremp]

[ QUOTE ]
Probably half of my Wharton classmates do.

[/ QUOTE ]

Much more subtle and better IMO.

[Mark1808]

[ QUOTE ]
"I sure didn't know you had millions! I don't see you in Bobby's room and I can't see how your books have generated millions, but apparently they have. While we are on the subject, what is your net worth (since everyone already knows except me) and what was the source (books, poker, investments?)."

Anybody who plays in Bobby's room is making a mistake unless they stick almost exclusively to the best games AND have a gambling bankroll of at least ten million. But I do play 300-600 most days.

Perhaps you underestimated how many books I have sold (almost a million). Perhaps you didn't realize that my royalty rate is even greater than the usual generous amount that Mason pays because I helped originate the company. Perhaps you didn't realize how much you and others here contribute to my income by frequenting this site.

My Shuffle Master options, renumeration for consultant work, made me a pretty penny. And I did tell everybody on this forum about my Immersion and Taser investments.

Meanwhile I can still knock out at least a hundred an hour playing poker if I feel like it.

I thought all of the above was pretty common knowledge.

But so what. I have less than ten million which means it is ridiculous to think I am bragging about my bankroll. At least 5% of American men my age have more. Probably half of my Wharton classmates do.

I really don't understand how this thread degenerated into all these silly issues.

[/ QUOTE ]

Thank you for your candor, I know I gained some insight and I'm sure others did too. I would be very suprised if more than 5% of men 60 years of age and older have more than $10 million net worth. But your point is well taken, you are quite well off, but in desirable areas like Las Vegas or Southern California it is not the Super Rich category by any means. Tap tap on your sucesss though.

Due to the leverage inherhent in banking I would not want to take the risk of putting over $100,000 in any one bank including the mega banks. There is no free lunch in investing, why are B of A rates over 1% higher than the comparable risk free Treasury Bill rate if their is less than 1/2 of 1% chance of them going busto?

I don't see wher you are getting B of A is 1% less than other banks. They are quoting 4.85% for a 4 month CD online which compares very favorably with rates I see on bankrate.com.

[West]

[ QUOTE ]
[ QUOTE ]
Post deleted by David Sklansky

[/ QUOTE ]

Any particular reason why?
[img]/images/graemlins/confused.gif[/img]

[/ QUOTE ]

just a joke that's going around stephen [img]/images/graemlins/laugh.gif[/img]