Monday, July 14, 2008

Is our money safe in the bank


IndyMac Bank was taken over by Federal Regulators:


An average of 300 bank expected to fail over the next 3 years.


FDIC keeps a list of several banks at risk for closing, but will not disclose to avoid panic.


Not sure what to expect anymore from the US, but you definitely need to be smart with your money.


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