Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The electronic run on banks nobody seemed to notice
The DC ^ | 01/15/10 | Mary Claire Kendall

Posted on 01/17/2010 7:22:01 AM PST by opentalk

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-75 last
To: opentalk

“Sure, it could be pure coincidence that exactly at 11 a.m. a wave of concerned investors all decided it was time to electronically withdraw their funds thus creating this crescendo drawdown effect setting in motion a worldwide panic. It could be coincidence. But, it’s doubtful.”

This was no coincidence.


61 posted on 01/17/2010 11:56:54 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: opentalk
Lehman Brothers went bankrupt on 9/15/08. Many money market funds had their paper, some MMFs later declared that they would "break the buck", contrary to all depositors' interest. The smart money opted to get out before they were left holding the bag. Why Did They 'Break The Buck?'
62 posted on 01/17/2010 12:09:01 PM PST by GregoryFul
[ Post Reply | Private Reply | To 1 | View Replies]

To: JDoutrider

That makes ‘cents’ [I guess ...]


63 posted on 01/17/2010 12:39:41 PM PST by Arthur Wildfire! March (2010 HOUSE RACES! Help everyone get the goods on their House Rats. See my profile.)
[ Post Reply | Private Reply | To 56 | View Replies]

To: backhoe

Thank you, Backhoe. FRegards ....


64 posted on 01/17/2010 12:40:27 PM PST by Arthur Wildfire! March (2010 HOUSE RACES! Help everyone get the goods on their House Rats. See my profile.)
[ Post Reply | Private Reply | To 58 | View Replies]

To: opentalk

I noticed and locked in a $250k 5% CD with Washington Mutual as they were trying to save their ass!


65 posted on 01/17/2010 12:45:06 PM PST by dalereed
[ Post Reply | Private Reply | To 1 | View Replies]

To: Arthur Wildfire! March

66 posted on 01/17/2010 12:53:57 PM PST by backhoe (All Across America, the Lights are being relit again...)
[ Post Reply | Private Reply | To 64 | View Replies]

To: opentalk

later


67 posted on 01/17/2010 4:42:39 PM PST by Former MSM Viewer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Arthur Wildfire! March; Candor7
Like you and the author I would also like to know who did that too. Since it happened in an hour's time I don't think there was any domino effect to it. However many people and accounts were involved it seems to me they all knew what they were doing and when to do it prior to the first withdrawal.

Something criminal happened here and it is outrageous that no one is looking into it.

68 posted on 01/17/2010 5:12:33 PM PST by TigersEye (It's the Marxism, stupid!)
[ Post Reply | Private Reply | To 54 | View Replies]

To: rightwingextremist1776

BINGO!!!


69 posted on 01/17/2010 5:19:13 PM PST by mojitojoe (“Medicine is the keystone of the arch of socialism.” - Vladimir Lenin)
[ Post Reply | Private Reply | To 15 | View Replies]

To: TigersEye

“Something criminal happened here and it is outrageous that no one is looking into it.”

The sad thing is that both Bush and McCain were dragged into promoting stimulus. Bush couldn’t betray McCain’s public support. Someone in the Bush administration [Paulson?] was most likely in on it. Or worse, could someone have goods on the Bush family?


70 posted on 01/18/2010 3:06:45 AM PST by Arthur Wildfire! March (2010 HOUSE RACES! Help everyone get the goods on their House Rats. See my profile.)
[ Post Reply | Private Reply | To 68 | View Replies]

To: rightwingextremist1776

I agree. This is the Soros template.

“Let the investigation begin and end at the hangman’s noose.”

As Janet Reno demonstrated, investigation is difficult without an honest Justice Department. Right now, it’s a “Just-Us” department.

[As Rush would say.]


71 posted on 01/18/2010 3:09:40 AM PST by Arthur Wildfire! March (2010 HOUSE RACES! Help everyone get the goods on their House Rats. See my profile.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: opentalk

bump


72 posted on 01/18/2010 3:14:33 AM PST by WashingtonSource
[ Post Reply | Private Reply | To 1 | View Replies]

To: MHGinTN

“But we see that the truth of it is being avoided.”

I agree, but have always wondered if it was to avoid identifying the people behind it or because it is a frightening vulnerability in our system.

I sure would like to know who it was and why it is being covered up.


73 posted on 01/18/2010 6:36:57 AM PST by EEDUDE
[ Post Reply | Private Reply | To 12 | View Replies]

To: Southack

“Really, some of you people are looking for conspiracies as if they are Easter Egg hunts.”

Well, I accept your explanation, but this is the first time I have heard it, and I follow FR daily. Why didn’t Rep. Kanjorski come right out and say that?

It was his words that led my to believe it was unknown, mysterious parties involved.


74 posted on 01/18/2010 6:49:44 AM PST by EEDUDE
[ Post Reply | Private Reply | To 22 | View Replies]

To: EEDUDE

Alex Jones and Jesse Ventura would say it is the Bilderbergs manipulating the world economy in their cmapaign to establish their world governance. The fact that both political parties are protecting the information from release to the public does not bode well for the now usurped ‘we the people’. But it started back in 1913, so one can see why the people haven’t a clue how they were usurped from sovereignty. Under the guise of having governmental control of the nation’s money supply, private banking powers were given the control of monetary policy through the private banks known as ‘the Federal Reserve’.


75 posted on 01/18/2010 8:02:24 AM PST by MHGinTN (Obots, believing they cannot be deceived, it is impossible to convince them when they are deceived.)
[ Post Reply | Private Reply | To 73 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-75 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson