Baddog... what did you do during the last Great Depression?
Should we take our money out of the banks and put it under our mattress? They said people were already starting to make a run on banks. My Bank went from $45 a share down to $2.02 in less than a year. Should this be a sign that Washington Mutual is on the brink of a collapse?
On the news it said the FDIC had 50 Billion to cover the banks but that they were expecting they'd need 1 trillion to cover the banks.
Meaning... there was no where near enough FDIC money to cover us.
So...
What do we do?
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