Comments on: White House Rumored to Remove FDIC Insurance Limits http://www.creditwithdrawal.com/wordpress/2008/10/13/white-house-rumored-to-remove-fdic-insurance-limits/ Helping You Kick the Credit Habit, One Good Idea at a Time Thu, 31 Dec 2009 04:56:04 -0700 http://wordpress.org/?v=2.8 hourly 1 By: Memphis Insurance http://www.creditwithdrawal.com/wordpress/2008/10/13/white-house-rumored-to-remove-fdic-insurance-limits/comment-page-1/#comment-2751 Memphis Insurance Sat, 28 Mar 2009 20:06:36 +0000 http://www.creditwithdrawal.com/wordpress/2008/10/13/white-house-rumored-to-remove-fdic-insurance-limits/#comment-2751 Although I think it may be a good idea, local banks should go back to their traditional roles of serving the local market and stay away form Wall St., the realm of investment banks and brokerage houses. Banks failed throwing money at questionable investment vehicles like sub-prime mortgages and we are now seeing the result of this misguided attempt at speculative investing. Banks should do what they do best, take care of the local population and it's financial needs. <abbr><em>Memphis Insurances last blog post..<a href="http://memphis-insurance.blogspot.com/2009/03/memphis-insurance-and-understanding.html" rel="nofollow">Memphis Insurance And Understanding Your Declaration Page</a></em></abbr> Although I think it may be a good idea, local banks should go back to their traditional roles of serving the local market and stay away form Wall St., the realm of investment banks and brokerage houses. Banks failed throwing money at questionable investment vehicles like sub-prime mortgages and we are now seeing the result of this misguided attempt at speculative investing. Banks should do what they do best, take care of the local population and it’s financial needs.

Memphis Insurances last blog post..Memphis Insurance And Understanding Your Declaration Page

]]> By: ABCs of Investing http://www.creditwithdrawal.com/wordpress/2008/10/13/white-house-rumored-to-remove-fdic-insurance-limits/comment-page-1/#comment-2328 ABCs of Investing Mon, 13 Oct 2008 12:36:15 +0000 http://www.creditwithdrawal.com/wordpress/2008/10/13/white-house-rumored-to-remove-fdic-insurance-limits/#comment-2328 While, it doesn't cover too many people - I think you are right that it won't make a big difference in terms of how much money is needed to bail out the banks, but it could help confidence quite a bit. <abbr><em>ABCs of Investings last blog post..<a href="http://www.abcsofinvesting.net/what-are-stock-dividends/" rel="nofollow">Dividends</a></em></abbr> While, it doesn’t cover too many people – I think you are right that it won’t make a big difference in terms of how much money is needed to bail out the banks, but it could help confidence quite a bit.

ABCs of Investings last blog post..Dividends

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