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Old 07-11-2008, 08:08 PM
BlueAngel BlueAngel is offline
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Join Date: May 2007
Posts: 3,776
Default Re: Creating Poverty and a Third World Country

Fannie Mae and Freddie Mac need a bailout.

Analysis: A new financial crisis at the worst time - Yahoo! News

If you have $100,000.00 in an account, it is insured by the FDIC.

That is the maximum amount for which they insure CASH.

If you have in excess of $100,000.00, you need to have more than one signer on the account so that anything over $100,000.00 is insured for another $100,000.00, etc., etc.

If you can't have more than one signer on the account and it is in excess of $100,000.00 then you need to open several accounts with several banks.

Last edited by BlueAngel : 04-10-2015 at 06:06 PM.
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