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To: GOPJ

What surprises me....back in the early part of this mess...I think we assumed that there would be a rush and fail situation. I thought this would be a 100-day period and then what banks remained...were safe enough or secure enough to just continue on. Evidently....that logic won’t work.

So I’m of the mind of wondering now....if any bank in America is safe right now. I’m starting to suspect that the entire group of them have problems and they may all fall eventually.


30 posted on 08/14/2009 9:41:48 PM PDT by pepsionice
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To: pepsionice
I thought this would be a 100-day period and then what banks remained...were safe enough or secure enough to just continue on. Evidently....that logic won’t work.

A straight sale of a failed bank would be more comfortable than the gov. getting involved. We are left wondering if part of the gov. compromise was an incentive that has nothing to do with a rational business deal. I bank with three different banks. Two of them have failed in the past year and were "saved" by the FDIC. Seems the ice is getting thinner.

32 posted on 08/15/2009 4:34:12 AM PDT by GOPJ ("Fishy rumors posters" Check 'em out:http://www.freerepublic.com/focus/f-news/2311664/posts)
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