On Fri, Sep 26, 2008 at 9:01 AM, Jacob <[EMAIL PROTECTED]> wrote: > I was watching the news last night here in Los Angeles. There was a line > at > the ATM at one of the WaMus. The reported asked why are you taking out > money? The lady said because I am going to lose it now and the govt said > there is no money there to insure it. > > Way too many miss informed people out there. JP Morgan is going to take > over > the deposits. Does not involve the govt.
Doh! I actually find that mildly amusing. But it's really very dangerous. So many people have such a simple (mis)understanding of how banking works. -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:270966 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
