Quote:
Originally Posted by Spin  Quote: |
Originally Posted by passengers As yet another of BKKandrew's predictions comes true: | No it hasn't. |
See:
http://teakdoor.com/us-domestic-issu...tml#post844146 (A note of caution for those with deposits in US Banks)
Back in Nov 08, to which you agreed:
http://teakdoor.com/world-news/49551...ml#post1037439 (Regulators Seize US Banks)
In April
Quote:
Originally Posted by Spin Unless of course you can show me the official declaration of bankruptcy filing? |
Bankruptcy is defined as an inability of an entity to pay their debts as and when they fall due. This accurately describes the FDIC at this time. Of course, it has access to the magic money printing machine that is hell-bent on recreating a Zimbabwean economic model on a larger scale.