Question:

Which bank will collapse next if any?

by  |  earlier

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i hear washington mutual is in serious trouble & possibly bank of america, or is it all a hoax like the bees last year?

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3 ANSWERS


  1. Personally, I'm not that concerned since the FDIC will cover my money.  BTW, neither WaMU nor BoA are in danger of tanking.


  2. its hoax because they both have plenty of money and the FDIC

    never  tells customers  in advance if a bank in trouble else it will could

    start a run (which what happen with Indy mac)

    and remember  FDIC insure all banks so your money is safe


  3. For starters only an idiot would predict the demise of the next bank.

    Can you say massive lawsuit?

    Does not really matter which one goes out, since the FDIC insures the deposits up to 100,000.

    P.S. If you have more than 100,000 in a  bank that goes under SORRY! you only get 100,000.

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