SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (420710)9/29/2008 10:57:39 AM
From: tejek  Respond to of 1573599
 
name a big bank in danger at this point?

I don't know. Did you know that $16.7 billion of deposits was moved out WaMu two weeks before it was seized? I didn't. Did you know that that happened to WB too? How many more banks are suffering the same problem. Like TP pointed out, these are the big players who are moving their money. And they are not moving that money to other banks but into T bills and bonds.

And if you want to have some real fun, listen on a CNN stream to the debate on the House floor over the bailout. These assholes [and I am being kind] are going up to the podium and pushing their ideologies, complaining that this plan does not fit whichever ideology they espouse........that the poor are getting screwed and that the free markets are not to blame..bla, bla, bla.....as banks collapse and Wall Street burns. Its disgusting!