OldNavySailor

Credit Crisis Reality TV: Upcoming Hearings

Say, is the Department of Justice going to charge someone with conspiracy to commit fraud? I realize that stupidity and greed are not felonies, but given the magnitude of wealth lost and national debt increase, surely a crime has been committed!

Unless the entire U.S. Government is corrupt, somebody has to go to jail!

Is the U.S. Banking System Safe?

Move your money into a credit union that is a member of NCUA (National Credit Union Administration). It's safer than a commercial/investment bank and is insured (see: www.ncua.gov/AboutNCUA...). Each member has to provide a quarterly report of financial condition called a 5300 report. You can finds a credit union and view its report on the Web (see: www.ncua.gov/indexdata...).