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Politics : Stockman Scott's Political Debate Porch

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To: tonka552000 who wrote (3133)7/24/2002 1:58:54 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
spread $100k to each bank, overweight safe CreditUnions

but beware that regional banks have sometimes big risk
just like the major moneycenter banks
remember how FirstUnion, BankOne, PNC each had serious derivative desk losses?

Credit Unions are great, no games, no risk

soon, banks are gonna be stressed out
the ripples will start at the top
"the fish rots from the head on downward"

/ jim
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