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To: BfloGuy
I was working for a bank the day it was seized and sold by the FDIC.

It was a small bank owned by a small family, employed nearly 300 people and was closed for no good reason. Every employee laid off and indentured for the next 90 days.

Armed U.S. Marshals, State Police, etc. showed up on a Friday afternoon the 3rd week of January, 2010.

The armament was not to deter the run, but to detain and retain the employees.

The ones not escorted out of the buildings wound up being indentured servants of the FDIC until 4/30/10.

After all was said and done, the bank turned a $30 million profit in 2009, but was collapsed and sold off piecemeal over the next year or so.

I was given a 20-minute warning, told my boss I didn't want to be a part of that and left. He called me back 20 minutes later and asked me to return. Worst decision I ever made was to go back in there. Of course, if I had not, I would to this day be hunted and haunted.

Worst 90 days of my life, all for no good reason.

9 posted on 03/25/2013 5:22:06 PM PDT by elkfersupper ( Member of the Original Defiant Class)
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To: elkfersupper

Back in those days every Friday was edgy. No one knew if they were next on the list. Crazy Days.


18 posted on 03/25/2013 8:22:15 PM PDT by Orange1998
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