Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (84)	9/14/1998 11:20:00 AM
From: Worswick	Read Replies (2) \| Respond to of 2794

Henry thanks so much for your Conti post. I thought you might come up with something like, ""...the folks at Conti managed the nearly impossible. They managed to outflank the FDIC, and were able to "cross the t" and surround the banking authorities. Thus, all the depositors over the $100,000. FDIC limit for insured deposits were paid off. Too Big to Fail!" Interesting your observations since you were there at the time. I have noticed on the FDIC reprot on Conti that the stock price of the bank indeed predicted.... through the "takes" of informed investors.... the actual state of the bank. Conti went from 40 to 4. I wonder if, in a possible coming stock price decline of American banks, if stock price is not the best sign of impending troubles in the "system"?? This just seems too easy. A compelling url enclosed for statistics on consumer indebedtedness during the next downturn? fdic.gov My best to you and again thanks. It was a stellar sunny weekend. Hope you were outside floating somewhere... Clark