Ah, the fun that can be had mocking the paranoid...

[texasmom]

Not nice Treize...












(and a little bit funny )

[Meatwad]

That was funny as heck   

[Flipperk]

Unless they have kept over 250,000$ in their account, it would impossible to loose their money due to FDIC.

Also if you have a co-ownership and a single ownership account you could increase your coverage to 500,000$

You could also add your IRA's into that coverage as well...so 750,000$

Also you can add to the list your POD/ITF accounts...so now your covered up to 1,000,000$



So, if you put your money into 4 different ownership accounts you will covered up to $1,000,000 at a single institution. Where I work at ,IBC, we have 4 charters. Each charter is considered its own institution..so at IBC you can be covered up to $4,000,000.


FDIC has not back out of a single payment since its inititation.




Oh yeah, the story... LOL!! Working as a teller at my bank I hear everything just like you mentioned...it just amazes me at how stupid people can be.

[CAP1]

Unless they have kept over 250,000$ in their account, it would impossible to loose their money due to FDIC.

Also if you have a co-ownership and a single ownership account you could increase your coverage to 500,000$

You could also add your IRA's into that coverage as well...so 750,000$

Also you can add to the list your POD/ITF accounts...so now your covered up to 1,000,000$



So, if you put your money into 4 different ownership accounts you will covered up to $1,000,000 at a single institution. Where I work at ,IBC, we have 4 charters. Each charter is considered its own institution..so at IBC you can be covered up to $4,000,000.


FDIC has not back out of a single payment since its inititation.




Oh yeah, the story... LOL!! Working as a teller at my bank I hear everything just like you mentioned...it just amazes me at how stupid people can be.

and if everything crashes, and there is no money, just exactly what are they gonna insure your money with?

[Masherbrum]

since somenone else mentioned terrorisim, i'll say one thing in this......

had our airline companies copied the israelis 30 years ago, certain events that lead to all of this dhs, and homeland security crap would never have happened.

Yep

[Masherbrum]

and if everything crashes, and there is no money, just exactly what are they gonna insure your money with?

With FlipperK's tears.   

[Flipperk]

and if everything crashes, and there is no money, just exactly what are they gonna insure your money with?

When you look at your account online or ask how much money you have in your account, thats not real money...its digital credits. If everything crashes and theres no money, why would you be worried about something that isnt there?

[CAP1]

If everything crashes and theres no money, why would you be worried about something that isnt there?

which is why i keep only enough money to pay bills in the bank. 

[Flipperk]

which is why i keep only enough money to pay bills in the bank. 

Everything crashed! HELLO! NO BILLS!

[sluggish]

See Rules #4, #6

[CAP1]

Everything crashed! HELLO! NO BILLS!

till it does, there are.

[CAP1]

See RUles #4, #6