| Author |
 Topic  |
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 09/28/2009 : 19:46:15
|
Look for your neighborhood bank to raise your own bank fees even further to compensate them for FDIC.  |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
|
 |
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/29/2009 : 01:00:17
|
| Great article. 95 banks down so far, hundreds to come. Glad I stopped the bank failure contest-it could have made me broke. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
|
|
|
metalmoney.ca
Penny Pincher Member
Canada
223 Posts |
Posted - 09/29/2009 : 18:07:25
|
when i saw this story this morning on BNN, my jaw dropped. If it were my bank, I'd say "sorry customers, we are no longer FDIC insured anymore, but they are insolvent anyway, so who cares."
Then I'd say, "Screw you, FDIC" |
metal is a claim on future human labour. let's all go get some while the getting is good, eh? |
|
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 09/30/2009 : 06:28:34
|
i don't know if that is even legal.
this will hurt the banks that are at the edge of failing.
for customers, it means banks will pay less interest on deposits.
means large banks can buy up medium banks on the cheap because the deposits are now less valuable. deposits traditionally are seen as a low cost, stable source of funds but the cost has now increased. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
|
PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 09/30/2009 : 17:45:16
|
| Lemon If the banks pay any more less interest on deposits, we may be heading for 0% :) |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
|
|
| |
Topic |
|
FDIC expected to require banks to prepay fees
Forum Locked
