Exbanker

2 Comments

WaMu to IndyMac Customers: Your Money's No Good Here [view article]
You are all off base...the Feds (FDIC) "Insurance allows the government up to 12 YEARS to give the investor's money back. Check it out - I am a retired V.P. for Bank of America and KNOW that this is the case, BUT, when opening accounts all the CSR's did was assure customers that their money was "safe" under "FDIC". ..NOT about the TWELVE YEAR clause. Jul 25 08:41 AM
Freddie, Fannie and the French Revolution- Fast Money Recap (7/14/08) [view article]
I would appreciate someone in the "know" why J.P. Morgan Chase bank refused to cash my government $600.00 "economic stimulus" check yesterday. I am a customer and have more than enough to cover the govt check. The manager of the branch claimed I had as "aslert: posted on my bank site nbecause I had withdrawn some of my cash Saturday - and believe it or not, I had to go to five different branches to get the amount I wanted. All was above board, even to the filings of CTR's at each branch location. Now I can't even cash a $600.00 check? What gives? Thank you. Also please provide the name(s) of institutions for follow-up of what I consider actions taken unsupported by Chase Account Policies and Procedures as stpulated in their handout to customers opening personal accounts. I reside in Ohio. Jul 15 12:04 PM

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