Don't let depositors know their bank is insolvent??!! – Current Events – HabitableZone

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Current Events » in reply to re: A bit more on Schumer's pooch-screwing...

Don't let depositors know their bank is insolvent??!!

Bowser — 7/12/2008 3:17:47 PM (archived)

What a concept. I can't imagine anyone even suggesting that, but now that TB does I'm surprised it's not a Federal crime.

Arf

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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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