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

To: NeoCaveman

I may move money out of U.S. banks and check out banks like TD and RBC Centura. Canadian banks are among the safest. We also have HSBC which may be okay too.

JPM has huge derivative exposure. I wonder if Mellon/PNC is okay or US Bancorp. Bank of NY too but do they do any consumer? Forbes said Wells Fargo should be okay too.


27 posted on 09/04/2009 8:25:50 PM PDT by Frantzie (Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
[ Post Reply | Private Reply | To 16 | View Replies ]


To: Frantzie
Good move on going Canadian! Just stay away from BOM.

Wells is truly the sick man. I should have used them as my example with the Toddster than Citi.

US Bank might be OK.

Frankly the best domestic picks are local community banks and credit unions.

The regionals are the worst as they are too risky but yet do not have "too big to fail" protection.

I'm also no fan of PNC as they bought NCB that had all that toxic subprime North Carolina Real Estate.

29 posted on 09/04/2009 8:34:27 PM PDT by NeoCaveman (has created or saved 150,000 posts, sure.)
[ Post Reply | Private Reply | To 27 | View Replies ]

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