Bet your all suprised about IndyMac? I bet you all think your money is safe, RIGHT?

Question

yahoo deleted this question twice already. does that mean yahoo or microsoft think they own your money you invested into these companys and now that they lost all of your money they are trying real hard to cover up the fact that banks and other companys are just trying to con you into investing in them just so they can take advantage of you and your money and not pay you back? I just went to the bank to withdraw all of my savings and the bank was acting like they had no money and it took an hour just to get all my money back.

Answer 1

Your money, up to $100,000.00 is covered by federal deposit insurance, and if the bank went under, you would get that money back.

If you have more than that, (most people do not) then you have to file a claim for the amount over the hundred thousand, and if there are any assets left after the trustees in bankruptcy are finished, it is divided amongst the claimants.