Re: [Marxism] FDIC shutters Silver State Bank of Nevada

[Louis Proyect <lnp3@xxxxxxxxx>]

I have a CD that came to term on Friday. I called Schwab to get a new 
one and they proposed Wachovia Mortgage! I told the broker no thanks 
and asked if there was anything else. He mentioned some obscure North 
Carolina bank that had the same mediocre rating as Wachovia Mortgage. 
He told me that it's no big deal. They had customers with Indymac 
CD's who got their money back after a week. Great, that's just what I 
need. I am calling again when they have new inventory but I am 
getting ready to put my money under my mattress at this point.


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