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To: Golddigger3

I have my little bit of money at TD Banknorth and have been told since it is a Canadian bank it is immune to the problems here in the US. I cannot find any information about its trustworthyness or solidity. At least not on the net


41 posted on 01/23/2009 1:25:24 PM PST by Chickensoup (we owe HUSSEIN & Democrats the exact kind respect & loyalty that they showed us, Bush & Reagan)
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To: Chickensoup
since it is a Canadian bank it is immune to the problems here in the US

Sounds like someone hasn't been candid with your.

They are scrambling to raise capital as well.

"Equity - Two Canadian banks sought to boost their capital reserves once more Thursday, issuing new preferred equity offerings"
http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=09de84d9-d2e2-4e76-b06c-52c1a3d7b707

The Canadian government is also looking at setting up a bank bailout plan.

58 posted on 01/23/2009 4:38:11 PM PST by PAR35
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