On Wed, 30 Dec 2009 17:21:52 -0600, "William Wixon"
wrote:

there was a blurb on teh news tonight about a movement to "move your money"
out of BIG banks into smaller community banks. i'm not well informed about
this but it seems like a good idea to me. "starve the cancer within us".

http://www.huffingtonpost.com/ariann..._b_406022.html

b.w.

=================
While a capital idea [pun intentional] the problem is that the
big banks can and do use the Federal "knee knockers" to "make you
an offer you cannot refuse." If you won't deposit your money
with them, they will come and take it anyhow.

see:
http://money.cnn.com/2009/12/30/news.../gmac_bailout/
GMAC receives 3rd round of bailout funds
http://www.businessweek.com/news/200...-update1-.html
http://online.wsj.com/article/SB1000...579461138.html

also see
http://online.wsj.com/article/SB1000...s_Most_Popular

and
http://www.businessweek.com/magazine...2024080832.htm

Unka George

(George McDuffee)

The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).