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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: jeff wheatley who wrote (10946)12/11/1997 1:08:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 18056
 
Jeff, that is a touchy scene. If she is trying to get back here deposited money, she is definitely a victim. I wouldn't want that to happen to any one. But, people as a group do so many things foolishly that I fell like telling that they deserve the ultimate. But I actually see one, my heart goes out for them.
-Mohan



To: jeff wheatley who wrote (10946)12/11/1997 1:08:00 PM
From: Bonnie Bear  Respond to of 18056
 
It could happen here: unlikely, but not impossible. None of our banks have cash to cover depositor withdrawals.



To: jeff wheatley who wrote (10946)12/11/1997 1:10:00 PM
From: jim m.  Read Replies (1) | Respond to of 18056
 
I wonder if all the Money Market funds will be able to keep the $1.00 share price? Good thing we have some Bears making money to pay down the nat. debt. <g>



To: jeff wheatley who wrote (10946)12/11/1997 1:10:00 PM
From: Tommaso  Read Replies (2) | Respond to of 18056
 
In the end most people in thre United States who had savings in banks did get them back after the bank closings of the 1930s. Let's hope that government sees that the lady in the picture isn't done out of everything.

As I read the original message, the "tough love" was for banks themselves and perhaps for some of their officers. A highly paid person who mismanages an institution should not be kept on at a high salary. But it often happens


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