FDIC insures depositers up to $100,000

Current Events » in reply to A run on banks by depositors left the California mortgage lender short on cash

Lindy — 7/12/2008 3:22:03 PM (archived)

And "half" of whatever else they had in there.
They have to file a "claim".
Anyone filing a "claim" knows that the regulars and insurance companies are nothing but time wasters while they stick to your money like glue. Wake up America, this could be the great levelling.

The whole thread (12 posts)

A run on banks by depositors left the California mortgage lender short on cash - Eric - 7/12/2008 1:41:54 AM
- FDIC insures depositers up to $100,000 - Lindy - 7/12/2008 3:22:03 PM
  - Above 100k, 50 cents on Dollar - carl - 7/14/2008 8:01:55 PM
    - For uninsured deposits? It is a lot better than nothing. (n/t) - alcaray - 7/15/2008 2:20:46 AM
  - 10,000 people had more than $100,000 - Eric - 7/14/2008 11:56:26 AM
  - "regulars" meaning regulators (n/t) - Lindy - 7/12/2008 3:23:40 PM
- Did you see the part about Chuck Schumer starting the run on the bank? - TB - 7/12/2008 4:38:02 AM
  - A bit more on Schumer's pooch-screwing... - TB - 7/12/2008 4:48:41 AM
    - re: A bit more on Schumer's pooch-screwing... - Eric - 7/12/2008 11:17:34 AM
      - Don't let depositors know their bank is insolvent??!! - Bowser - 7/12/2008 3:17:47 PM
        
        The right hates nothing more than those that point out that the emperor has no clothes.... - ARRELL - 7/13/2008 5:10:44 PM
        
        The regulators think he's an idiot. They probably have a good take on it. (n/t) - TB - 7/12/2008 5:05:27 PM

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