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Sunday, July 13, 2008

Worried about the economy and your personal finances?

You should be. With the IndyMac bank failure in California, please go to this link: http://www.housingwire.com/2008/07/01/fdic-warns-banks-on-heloc-freezes-reo-management/,
because the FDIC is nearly out of money to insure our savings. That means pension plans, savings instruments, retirement funds; everything.
http://www.knbc.com/money/16857850/detail.html




1 comment:

Todd said...

It's just a damn mess! Sad, sad, sad :-(