tag:blogger.com,1999:blog-862751130582500985.post2850244252631081943..comments2023-05-20T02:59:34.668-05:00Comments on No, You're Hyperbolic: Bank Questionjumcohttp://www.blogger.com/profile/15753433888238396781noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-862751130582500985.post-7425513587110080852008-10-09T13:45:00.000-05:002008-10-09T13:45:00.000-05:00Yes, when a bank defaults or fails, all of its acc...Yes, when a bank defaults or fails, all of its accounts fail. For stakeholders and business partners of the bank, there is then a process of trying to sort out the seniority of various monies owed, etc. <BR/><BR/>This, however, is a lot less scary than it sounds. For example, when WaMu failed, not a single dollar of insured deposits was lost and most customers could not tell the difference jumcohttps://www.blogger.com/profile/15753433888238396781noreply@blogger.comtag:blogger.com,1999:blog-862751130582500985.post-54142802807355397102008-10-09T13:21:00.000-05:002008-10-09T13:21:00.000-05:00Thank you very much Jumco, I'll pass the message a...Thank you very much Jumco, I'll pass the message along. You're probably right, I think it's just her savings account. <BR/><BR/>Have any banks defaulted on savings accounts (I don't even know if that questions is worded correctly)?Nykilshttps://www.blogger.com/profile/17684639614717035794noreply@blogger.comtag:blogger.com,1999:blog-862751130582500985.post-51637744203335309662008-10-09T13:14:00.000-05:002008-10-09T13:14:00.000-05:00The name of the site is Bauer Financial and Fifth ...The name of the site is <A HREF="http://www.bauerfinancial.com" REL="nofollow">Bauer Financial</A> and Fifth Third currently has a three star rating. Your coworker found out about this site, most likely, in this Sun Times <A HREF="http://www.suntimes.com/business/roeder/1176755,CST-FIN-bank22.article" REL="nofollow">article.</A><BR/><BR/>I would like to caution against putting too much weight jumcohttps://www.blogger.com/profile/15753433888238396781noreply@blogger.com