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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Secret_Agent_Man who wrote (254688)8/7/2003 8:52:17 PM
From: John  Read Replies (3) of 436258
 
I wonder how many banks will have to fold before Uncle Sam admits their FDIC insurance scheme is unable to give anyone a penny of real money? What's the over/under on that little bet? Got World Depression II to go with Bush II?

Side note: Just over 3 years ago, my Money Market fund (MPIXX) was paying a healthy 6.20%. Now it's paying a paltry 0.18%. I fear the 1:1 ratio may eventually become unstable. Scary stuff. Any thoughts?

-ng-

John
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