[Jane Long]

1. “G20 says banks own deposits, not the the depositors.”

So what (assuming this is even true)? Has no effect on U.S. banks without legislative change.

---

FR “Search” feature is your friend....

WARNING Bank Deposits Will Soon No Longer Be Considered Money But Paper Investments
http://www.freerepublic.com/focus/f-news/3227765/posts

---

2. “The spending bill just passed by congress makes the American taxpayer responsible for any derivatives loses that banks may suffer. These derivative holders now have first priority when any funds are paid out and depositors are relegated to last place.”

Assuming the first part is true, is the second part actually true? Would love to see a reference.

---

Here’s your “reference”....again....FR Search is your friend....

New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses
http://www.freerepublic.com/focus/f-news/3234786/posts

[catnipman]

None of those links are credible sources of financial information.