Quote:
Originally Posted by BusterPorn
that is 10 cents on the dollar!
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ummm ... the deposits belong to the account holders, not ING.
"ING, which also assumed $724 million in NetBank assets, is one of the largest Internet-only banks in the country with 6 million customers.
EverBank, a mostly online bank based in Jacksonville, on Friday said it would buy another $700 million in NetBank assets and is doing well."
ref:
http://www.ajc.com/business/content/...ge_tab_newstab