Bank(s) of America?
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You wanna be careful, you're starting to sound like ilidiot! :)
------------------------------------ "Your manuscript is both good and original. But the part that is good is not original, and the part that is original is not good." Dr Samuel Johnson
You might as well have called his mother an ugly whore, that's below the belt Dalek!
Bar fomos edo pariyart gedeem, agreo eo dranem abal edyero eyrem kalm kareore
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You wanna be careful, you're starting to sound like ilidiot! :)
------------------------------------ "Your manuscript is both good and original. But the part that is good is not original, and the part that is original is not good." Dr Samuel Johnson
Dalek Dave wrote:
you're starting to sound like ilidiot! Smile
Impossible. Ilidiot posts links without comment. on the rare occasions that he does comment (rather than just quote from the linked article), the comment will *always* contain asterisks or the word "fool" if not both. I've never see Jon abuse either.
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You wanna be careful, you're starting to sound like ilidiot! :)
------------------------------------ "Your manuscript is both good and original. But the part that is good is not original, and the part that is original is not good." Dr Samuel Johnson
Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Remember when BoA was the white knight, riding in on a pale horse to buy up Merrill Lynch and Nationwide? Turns out they were too busy look at the fair maidens to notice the dragons flying around over head. CityGroup (my uncle was a senior veep of City Bank, dammit) is even in worse shape. If their stock slides much lower, nationalising them won't wipe out any stockholder's equity, unless you're talking about something you can trade in for a couple of subway tokens. Shares in Bank of America Corp and Citigroup Inc tumbled to new multi-year lows in premarket electronic trading on Friday on what analysts and investors said was growing fears the two longtime pillars of the U.S. financial sector could soon be nationalized.[^] Paulson found a worthy successor in Geitner. More and more the general concensus seems to be that he has no idea what to do and when to do it or how to do it either - but apparently thinks he can run the banks better than their present management - which, come to think of it, is a claim a lot of us might be able to make with some validity.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
More and more the general concensus seems to be that he has no idea what to do and when to do it or how to do it either
Does anyone really know what to do? I get the feeling that it would be shooting from the hip regardless of who took the job. (not defending Geitner)
This statement is false
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Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
I had to smile at Dave's remark. Tongue in cheek I feel. Hope BoA is not the home of all your funds. Spreading risks far and wide is better - remember the old saying about not putting all your eggs in the one basket. Is there not a guarantee scheme underwritten by Government thus protecting your savings should BoA fail such as operates in the UK underwritten by UK Government? Presumably, if either BoA and/or CitiBank are nationalised wouldn't your savings would be protected anyhow?
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Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
You also didn't make any references to "SandBox Tots" or the "community" at large.
Gary Kirkham Forever Forgiven and Alive in the Spirit "Truly, truly, I say to you, he who hears My word, and believes Him who sent Me, has eternal life, and does not come into judgment, but has passed out of death into life. Me blog, You read
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Oakman wrote:
More and more the general concensus seems to be that he has no idea what to do and when to do it or how to do it either
Does anyone really know what to do? I get the feeling that it would be shooting from the hip regardless of who took the job. (not defending Geitner)
This statement is false
Synaptrik wrote:
Does anyone really know what to do?
Well some are trying to find a way into the future. Perhaps if the red-necked neo-cons would accept that they failed they could start helping. One upshot is seeing RNNs making socialist sounding comments. That's why they're so quiet of late.
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Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
Personally, I'm trying to figure out whether my own funds in BoA are safe.
The limit on FDIC insurance was recently raised to $250k, so unless you're sitting on a huge pile of cash you should be safe.
Today's lesson is brought to you by the word "niggardly". Remember kids, don't attribute to racism what can be explained by Scandinavian language roots. -- Robert Royall
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I had to smile at Dave's remark. Tongue in cheek I feel. Hope BoA is not the home of all your funds. Spreading risks far and wide is better - remember the old saying about not putting all your eggs in the one basket. Is there not a guarantee scheme underwritten by Government thus protecting your savings should BoA fail such as operates in the UK underwritten by UK Government? Presumably, if either BoA and/or CitiBank are nationalised wouldn't your savings would be protected anyhow?
Richard A. Abbott wrote:
Presumably, if either BoA and/or CitiBank are nationalised wouldn't your savings would be protected anyhow?
My savings are in other means - I'm thinking more and more about gold coins sewn into a special belt, to tell the truth. But I do have a checking account in BoA and would be somewhat inconvenienced if a 'bank holiday' was declared.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
Personally, I'm trying to figure out whether my own funds in BoA are safe.
It's a tough one. We've some savings accounts with them and I don't want to do the run on the bank thing. Still, it is hard to be rational about it since I trust the FDIC as about as much as I trust a gas station car mechanic.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --?
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Synaptrik wrote:
Does anyone really know what to do?
Well some are trying to find a way into the future. Perhaps if the red-necked neo-cons would accept that they failed they could start helping. One upshot is seeing RNNs making socialist sounding comments. That's why they're so quiet of late.
AndyKEnZ wrote:
Well some are trying to find a way into the future.
Who? It would appear to me that the present administration is continuing the fine old tradition - going back at least to Reagan - of picking the pockets of the American people to finance the short-term goals of whichever politicians happen to be in power this year. Do you really think that the National Debt - which, as a percentage of the GNP, is higher than it has been since shortly after WWII - we are spending on projects (some good, some bad, but few of them likely to create either additional wealth or even bricks and mortar that would allow us to consider them as an investment in the future) should be - will be paid off by your children and my grand kids? They will not share in any putative benefits of the money nor realise any return on the money that we have so profligately thrown away over the last forty years. Spending any time whining about pinko liberals or red-necked neo-cons is simply clouding the issue or suggesting that you really don't understand what the issue is. By the way, the traditional definition of a neo-con is of an ex-liberal who was converted to conservatism. If you check out the biographies of most prominent neo-cons, you discover that very few of them come from southern subsistence farming backgrounds and a lot of them - at your age - were Democrats or Socialists coming from the Ivy-league schools.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Remember when BoA was the white knight, riding in on a pale horse to buy up Merrill Lynch and Nationwide? Turns out they were too busy look at the fair maidens to notice the dragons flying around over head. CityGroup (my uncle was a senior veep of City Bank, dammit) is even in worse shape. If their stock slides much lower, nationalising them won't wipe out any stockholder's equity, unless you're talking about something you can trade in for a couple of subway tokens. Shares in Bank of America Corp and Citigroup Inc tumbled to new multi-year lows in premarket electronic trading on Friday on what analysts and investors said was growing fears the two longtime pillars of the U.S. financial sector could soon be nationalized.[^] Paulson found a worthy successor in Geitner. More and more the general concensus seems to be that he has no idea what to do and when to do it or how to do it either - but apparently thinks he can run the banks better than their present management - which, come to think of it, is a claim a lot of us might be able to make with some validity.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
I have this terrifying vision of the federal government being in charge of the interest rate on my BofA credit card, interest on my Savings account, fees on my checking account and setting all the ATM fees. If you think the IRS was bad, just wait for the Federal Bank of America. At least the IRS only picks your pocket on payday.
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Dumbo Dave wrote:
You wanna be careful, you're starting to sound like ilidiot!
And *you* are a fool and #a charlatan# And as everyone knows, the earth is as flat as a pancake so *why* do ^you^ insist on +talking+ with the @#$grownups?$# *I* *have* *no* *time* *to* *waste* *on* *liars,* *thieves,* *and* "knaves! What part did you find me acting like I have ileitis? The idea that the two banking conglomerates are about to be nationalised is all over Wall St, and the general disatisfaction with Geitner is attributed to the street's recognition that the banks are the key to our economy and that Geitner has, so far, not provided any signs he has a good idea about what to do. Personally, I'm trying to figure out whether my own funds in BoA are safe.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
What part did you find me acting like I have ileitis?
That comment is a bit anal if you ask me. :~
Simply Elegant Designs JimmyRopes Designs
Think inside the box! ProActive Secure Systems
I'm on-line therefore I am. JimmyRopes -
I have this terrifying vision of the federal government being in charge of the interest rate on my BofA credit card, interest on my Savings account, fees on my checking account and setting all the ATM fees. If you think the IRS was bad, just wait for the Federal Bank of America. At least the IRS only picks your pocket on payday.
Indirectly they already do for interest rates. They're invariably pegged to the rate on treasury bonds in some way shape or form.
Today's lesson is brought to you by the word "niggardly". Remember kids, don't attribute to racism what can be explained by Scandinavian language roots. -- Robert Royall
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I have this terrifying vision of the federal government being in charge of the interest rate on my BofA credit card, interest on my Savings account, fees on my checking account and setting all the ATM fees. If you think the IRS was bad, just wait for the Federal Bank of America. At least the IRS only picks your pocket on payday.
Rob Graham wrote:
I have this terrifying vision of the federal government being in charge of the interest rate on my BofA credit card, interest on my Savings account, fees on my checking account and setting all the ATM fees. If you think the IRS was bad, just wait for the Federal Bank of America.
that is the least of your worries. just wait until it is determined that there is simply no reason why Rob's bank balance could have been legitimately increased by $1,000 last Friday while Oakman's has stayed level. or gosh it is the time of the year to do the annual account balance sweep to ensure that everyone starts the new year on an even basis.
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
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Synaptrik wrote:
Does anyone really know what to do?
Well some are trying to find a way into the future. Perhaps if the red-necked neo-cons would accept that they failed they could start helping. One upshot is seeing RNNs making socialist sounding comments. That's why they're so quiet of late.
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Rob Graham wrote:
I have this terrifying vision of the federal government being in charge of the interest rate on my BofA credit card, interest on my Savings account, fees on my checking account and setting all the ATM fees. If you think the IRS was bad, just wait for the Federal Bank of America.
that is the least of your worries. just wait until it is determined that there is simply no reason why Rob's bank balance could have been legitimately increased by $1,000 last Friday while Oakman's has stayed level. or gosh it is the time of the year to do the annual account balance sweep to ensure that everyone starts the new year on an even basis.
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
Pick up your reloading supplies yet? Best to stock up on shotgun shells now, before anyone notices the buckshot can't be "tagged"...
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Indirectly they already do for interest rates. They're invariably pegged to the rate on treasury bonds in some way shape or form.
Today's lesson is brought to you by the word "niggardly". Remember kids, don't attribute to racism what can be explained by Scandinavian language roots. -- Robert Royall
Actually, only in theory. In practice, the banks can and do charge/pay whatever the market will bear. Bonds float around daily. CD/Savings/checking interest rates change quarterly at best, and annually in many cases. Interest charged on credit cards is whatever the market will bear or the law allow (the latter lately, as banks are trying to recoup their losses on the backs of credit card borrowers).
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Oakman wrote:
What part did you find me acting like I have ileitis?
That comment is a bit anal if you ask me. :~
Simply Elegant Designs JimmyRopes Designs
Think inside the box! ProActive Secure Systems
I'm on-line therefore I am. JimmyRopesJimmyRopes wrote:
That comment is a bit anal
So is Ilion. ;P
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JimmyRopes wrote:
That comment is a bit anal
So is Ilion. ;P
Rob Graham wrote:
JimmyRopes wrote:That comment is a bit anal So is Ilion.
Probably where he got his inspiration. :~
Simply Elegant Designs JimmyRopes Designs
Think inside the box! ProActive Secure Systems
I'm on-line therefore I am. JimmyRopes