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Showing posts with label FDIC. Show all posts
Showing posts with label FDIC. Show all posts

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