A Run on Your Money?

What the FDIC is doing to stabilize troubled banks.

By Daniel Gross | Newsweek Web Exclusive
Jul 18, 2008

« Return to Article

Discuss

Member Comments

  • Posted By: UseMyBank @ 07/19/2008 6:06:44 PM

    I just found an interesting author who wrote this article.

    "Making the world safe for bankers"


    http://www.savethemales.ca/260602.html

  • Posted By: UseMyBank @ 07/19/2008 5:40:47 PM

    Fractional Reserve banking is the root cause of the financial mess

  • Posted By: Lee Holmes @ 07/18/2008 3:48:59 PM

    True,but in those seventy-five years we did not have bigmouths like Chuckie Schumer[D-NY] creating blathering tattletale letters in order to cause deliberate bankruns.[And then having the gall to defend his stupidity which has brought hoots of derision from both American and European economists].

  • Posted By: michael99 @ 07/18/2008 10:28:18 PM

    Yes, shoot the messenger. Blame it all on Chuck Schumer for the collapse of ENTIRE American financial industry. That big mouth of his. He did it. He made all those NINJA, Subprime, ARM loans to clueless consumers. He is guilty.

    Shih . . . don't say anything. Don't mention the housing bubble meltdown. It may just quietly go away by itself.

  • Posted By: michael99 @ 07/18/2008 10:27:05 PM

    Yes, shoot the messenger. Blame it all on Chuck Schumer for the collapse of ENTIRE American financial industry. He did it. He made all those NINJA loans to clueless consumers. He is guilty.

    Shih . . . don't say anything. Don't mention the housing bubble meltdown. It may just quietly go away by itself.

  • Posted By: michael99 @ 07/18/2008 10:26:17 PM

    Yes, shoot the messenger. Blame it all on Chuck Schumer for the collapse of ENTIRE American financial industry. He did it. He made all those NINJA loans to clueless consumers. He is guilty.

    Shih . . . don't say anything. Don't mention the housing bubble meltdown. It may just quietly go away by itself.

  • Posted By: ghostcommander @ 07/18/2008 3:46:07 PM

    This meltdown will not even begin to be cleared up until the financial community gets out of the "Stupid Greed" rut. There are still communities where builders, brokers and appraisers are still practicing SG by selling people into upside down homes. They need to feel the shock and awe of arrest and conviction before this mess deepens even further.. They have gone capitistically mad by ignoring all the facts and reason.

Reply

Report Abuse

Enter comments if any for reporting abuse