Posted on 08/17/2007 9:03:30 AM PDT by Sleeping Freeper
BUMP!
You’ll still have to make your payments, someone will end up buying up CW’s assets, most likely for a song if they go BK.
Yes, to 100k, and frankly you want your money tied up until the government pays you? or do you want it now?
BUMP!
“a former Los Angeles Kings star hockey player “
Gretzky? First the old lady’s gambling and now this.
I helped the FSLIC close Umpqua Savings & Loan in ~1984, and we shut them down on Friday at 5:00 P.M., and had checks prepared for all insured customers on Monday A.M. at 8:00 A.M.
The uninsured had to wait quite awhile.
If the Fed keeps interest rates this high all hell is going to break loose. Home building in our area isn’t usually affected by the usual economic bumps but its in freefall now. I know some really fine builders and subcontractors that are past being in real trouble.
An aquaintance of mine says his monthly mortgage payment has doubled.
Ping.
‘scuse me, but aren’t deposits insured by the Feds?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Yes, and didn’t all those wonderful elected public servants swear to uphold the constitution? Didn’t Bill Clinton promise “the most ethical administration in history” or some such? Do you trust rattlesnakes not to bite? Actually that would be a better bet than trusting the government.
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