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Politics : Formerly About Advanced Micro Devices

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To: TigerPaw who wrote (420714)9/29/2008 10:53:03 AM
From: michael97123   of 1576121
 
not sure. Companies who bank at wachovia couldnt guarantee safety of deposits used for payroll with 100K fdic insurance only. They started moving out about two weeks ago. Govt has a firewall around the three largest banks now---citi, JPM and b of a. I think the problems are being solved now but the pain continues as markets slow to recognize. Check the markets in a week. Think we will have a powerful rally underway..
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