Aug 9 - New study says 64% of Americans have less than $1,000 in the bank

08-15-2012, 06:59 AM

I'm one of these people. I don't trust banks...so I took my money out.

Only reason I got an account now is because of my gym membership. I pay it through there. Other then that [pic]

08-17-2012, 08:49 PM

Originally Posted by KNerd

I'm not mad at all. I own a house, an m5, and have money saved up. I do just fine for myself. I just hate when people act like banks are a good thing. The FDIC's sole purpose is to keep people from withdrawing their money from banks. If massive bank runs started happening the Federal Reserve would have printing presses running on overdrive

cool. I live in the white house and owns a G5. Hope boxden is impressed. You still made no valid argument on how AIG insures money. You should study what CDOs and CDSs are before saying AIG insured money. Maybe then you can try and attempt to make an argument on how the bottom loses when FDIC insures up to $250K / $100K. I'm done with your class warfare and brainwashed 99% attitude.

09:02 PM

I got more than a stack in 3 bank accounts (1 a credit union). I want them all to be at 5k.

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