Look like Emmigrant Bank is going down!

Discussion in 'Economics' started by dandxg, Aug 19, 2009.

  1. I'd love to see some of your research on the markets; ING have been FDIC insured for over a decade. :D
     
    #21     Aug 24, 2009
  2. sorry was talking about emmigrant, not ING
     
    #22     Aug 24, 2009
  3. transfered out of emigrant
    thanks for the notice.

    elitetrader is very good at that.. finding out info and posting it


    Ialso checked all my other bank accounts for stars,seems like 1 out of 5 banks have 1 star, 80i% non-performing loans

    thanks again to danxdg :)
     
    #23     Aug 25, 2009
  4. If you have less than 250K in the account(s), exactly how do you care how crappy their financial position is?
     
    #24     Aug 25, 2009
  5. FDIC is broke.
     
    #25     Aug 25, 2009
  6. GTS

    GTS

    #26     Aug 25, 2009
  7. Sure. In other news, the sky is coming down...
     
    #27     Aug 25, 2009
  8. You're an ignorant fool.

    FDIC does not have the funds to cover the regionals which have started collapsing. They have even warned about this.
     
    #28     Aug 25, 2009
  9. GTS

    GTS

    As long as the government can print money the FDIC will never be broke.

    "FDIC deposit insurance is backed by the full faith and credit of the United States government" = gov't will backstop them
     
    #29     Aug 25, 2009
  10. zdreg

    zdreg

    it was FDIC insured 12months ago.

    you have problems admitting u are wrong.
     
    #30     Aug 25, 2009