I heard that Yahoo posted the names of 10 banks likely to fail. Does anyone know what banks these were?

Question

I heard that Yahoo posted the names of 10 banks likely to fail. Does anyone know what banks these were?

Answer 1

If you're worried that your bank might go under just make sure they are FDIC insured. Most banks are. FDIC insures that if the bank does in fact go under, you will get up to $100,000 of your money back no matter what. If you have more than that in the bank it may not be a problem, as long as your spouse is also on the account. Each person is insured up to $100,000.

Don't worry, FDIC is there to make sure that runs don't happen. Security is everything! :)

Answer 2

why cause a run? why are you panicking? do you have more the 10,000 in the bank  No? then dont worry

if someones posted that could start a run and then the bank

would go out of business! do you really want that?

that's why Indymac was taken over because someone start

a rumor that their money wasn't safe  (when along it was)