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Non-Tech : Banking Plays: LT and ST -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (21)11/10/1998 9:25:00 PM
From: lazarre  Read Replies (1) | Respond to of 32
 
JLA,

Hey, my friend, where have you been? I know, tryin' to figure out what happened last Tuesday :-).

I don't know...I bailed out of Webster Bank after they discontinued free checking with minimum balances of $500 and went to another bank that offered unlimited, unrestricted free checking till 2001.

But I'm a penny pincher and know more people than I who pay these incremental and stealth fees either because they don't care or they don't know. Me....I go nuts when I get nickled and dimed. Hard to think that banks are generating substantial dough with these fees but, I guess, a nickle here and a dime there, etc.

Interested, JLA, in your opinion on this flattening yield curve theory and its supposed delitirious effects on the banking industry.

L



To: jlallen who wrote (21)11/11/1998 10:24:00 AM
From: Lynn  Respond to of 32
 
This is going to cause people who already have brokerage accounts that offer checks, ATM cards, and money market interest no matter how low the cash in one's account to close their checking/savings accounts at regular banks. I know some people who have done this already.

Lynn