
09-19-2008, 04:46 AM
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CC Member
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Join Date: Aug 2007
Location: Lavon,
TX
Cobra Make, Engine:
Posts: 3,008
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Not Ranked
Question for the banking experts
OK, with all these financial institutions in trouble, I am now worried. Yesterday they announced Wamu was for sale. I have been banking with them for several years now. I don't have any amounts that wouldn't be insured so I am not worried about that. I am worried about automatic withdrawals being delayed or checks not being paid on time. Since I travel for work, I like having a large bank that is nationwide so I can go in wherever I am. How do I tell what banks are more stable than others? I was thinking of changing banks, but I don't want to change to a bank that in a few months will be in the same situation.
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Why do they call it "Common Sense" when it is so rare?
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