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.

================
For some info on how this was circumvented before it even started
see http://www.sacbee.com/business/story/2429569.html
NEW YORK – When financial titan Goldman Sachs joined some of its
Wall Street rivals in late 2005 in secretly packaging a new breed
of offshore securities, it gave prospective investors little hint
that many of the deals were so risky that investors could end up
losing hundreds of millions of dollars on them.

McClatchy has obtained previously undisclosed documents that
provide a closer look at the shadowy $1.3 trillion market since
2002 for complex offshore deals, which Chicago financial
consultant and frequent Goldman critic Janet Tavakoli said at
times met "every definition of a Ponzi scheme."
snip
---------------
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).