Helpful Resources


Community




Creditmagic Twitter





Credit on Facebook




Credit Crisis scary times.

Post reply  Start a topic
Author Message
Options
Print this topic
Invite a friend
Email this topic
  Bookmark online
Add to del.icio.us
Add to YahooMyWeb
 
1002543



Joined: 31 Aug 2008
1002543's page
Posts: 82



90 Magic Points

Subject: Credit Crisis scary times.
 
Posted on Thu Sep 18, 2008 2:02 am  

According to cnn.com WaMu put itself for sale. Probable buyers are Chase, Citi, Wells Fargo(?), HSBC.

According to yahho news, Morgan Stanley tries to sell itself to Wachowia.

It is very scary times, be careful.
miley2g8



Joined: 15 Sep 2008
miley2g8's page
Posts: 9



182 Magic Points

Subject: WaMu Savings
 
Posted on Fri Sep 19, 2008 5:26 pm  

I have a WaMu savings Account do I need to worry about losing my money?
1002543



Joined: 31 Aug 2008
1002543's page
Posts: 82



90 Magic Points

 
Posted on Sat Sep 20, 2008 2:41 am  

All accounts up to 100k are insured by FDIC. The problem is that FDIC is running out of money.
If WaMu is going to be bought I am sure that new owner will be happy to keep your money, though they can change APY.
If FDIC takes over WAMU they suppose to take care of your money.
miley2g8



Joined: 15 Sep 2008
miley2g8's page
Posts: 9



182 Magic Points

 
Posted on Thu Sep 25, 2008 3:38 am  

Thank you for your help.
Guest







 
Posted on Fri Sep 26, 2008 1:56 am  

Holy crap, everyone is selling out right
Guest







 
Posted on Fri Sep 26, 2008 3:46 am  

It seems that way doesn't it....
miley2g8



Joined: 15 Sep 2008
miley2g8's page
Posts: 9



182 Magic Points

 
Posted on Fri Sep 26, 2008 3:48 am  

Everyone seems to be selling out...it's a wonder if our money is safe anywhere nowadays...

Quick Reply
Your Name
Subject
Message body
Page 1 of 1

 





Page loaded in 21.077 seconds.