10 More banks in trouble after SVC disaster | |
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Shetland Pony Dog
User ID: 82815367 United States 03/10/2023 04:16 PM Report Abusive Post Report Copyright Violation | Bail in or they just take your deposits and give you an IOU. Glad my bank isn't on that list....yet. Quoting: Anonymous Coward 29706669 Get your money out of the banks. Take $500 or the limit out of the ATM every day until your balance hits ten bucks. If you think your money is safe in a bank think again. They might be nice tellers, but they don't run the bank. If the branch manager is told to cancel withdrawls, he has no choice or else get a new job. Your money is not yours until the bills are phsically in your hand. Ask the poor slobs in the 1920's how much money they got out of their banks when the economy went tits up. FDIC insured up to $250,000 idiot.....all accounts will be allowed to withdraw on Monday.... Yeah if FDIC was funded jackass.You will get 10 cents on the dollar if your lucky.Or more likely we go full on Zimbabwe and a bag of chips cost 100 dollars.They WILL pay off in full for the first few "banks" that fail but as the domimos fall no way to cover it all. Look at the cawk on that dawg Education is a process,not a result |
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Anonymous Coward User ID: 84220429 United States 03/10/2023 08:00 PM Report Abusive Post Report Copyright Violation | Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity Quoting: Anonymous Coward 80578546 So will dominoes fall all across the banking sector? I'm thinking when one of the big ones goes, they all start to fail and bail in. looks like i picked a good time to go overdrawn Looks like I picked a bad week to stop sniffing glue.... |