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Old 09-26-2008, 09:42 AM
 
130 posts, read 390,228 times
Reputation: 63

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edit: since I started the thread... wanted to add that I'm able to get in to my account and everything looks just fine. All my money is there. I had a ditzy moment and was using the wrong login username <<insert embarrassed face here>>, which is why the account didn't recognize my password.

I deleted my original post. Please, don't worry--we've all got enough going on.

Last edited by SomeThings; 09-26-2008 at 10:32 AM.. Reason: not wanting to cause concern
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Old 09-26-2008, 09:45 AM
 
5,270 posts, read 11,506,082 times
Reputation: 5726
I had no problem. It welcomed me to Chase...
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Old 09-26-2008, 09:55 AM
 
130 posts, read 390,228 times
Reputation: 63
Quote:
Originally Posted by BLAZER PROPHET View Post
I had no problem. It welcomed me to Chase...
I'll try it again... Ok...I'm in... Having one of my ditzy moments and using my 401K username....

Thanks for letting me know it was working--I was afraid of getting locked out!!!
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Old 09-26-2008, 09:57 AM
 
Location: Oxygen Ln. AZ
9,321 posts, read 15,739,835 times
Reputation: 5665
I am going down today to see if I can withdraw my funds. Scary world we live in.
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Old 09-26-2008, 10:20 AM
 
Location: NJ
2,111 posts, read 7,013,092 times
Reputation: 988
I have no problem, they show up but I didn't try to do anything. I wouldn't panic as it's under Chase now.
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Old 09-26-2008, 10:33 AM
 
Location: Cosmic Consciousness
3,871 posts, read 14,934,404 times
Reputation: 2590
There's no reason to withdraw funds. As everyone knows, the FDIC guarantees all accounts up to $100,000. Running to the bank today won't get you any more than it might if you run to the bank 6 months from now. Relax.
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Old 09-26-2008, 10:39 AM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,307 posts, read 11,470,243 times
Reputation: 8018
allforcats, there's a limit to the funds FDIC has to work with (according to one thread here, about a third of WaMu's accounts). I don't know if Congress will approve unlimited financing beyond what they can cover .... and at any rate I doubt it would be an instant process to get FCIC money.
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Old 09-26-2008, 10:40 AM
 
Location: Montrose, CA
3,031 posts, read 7,704,491 times
Reputation: 1919
Quote:
Originally Posted by MotleyCrew View Post
I am going down today to see if I can withdraw my funds. Scary world we live in.
I hope you're being facetious. There's absolutely no need to take your money out.
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Old 09-26-2008, 05:41 PM
 
Location: Los Angeles Area
3,306 posts, read 3,203,867 times
Reputation: 592
Quote:
Originally Posted by Woof View Post
allforcats, there's a limit to the funds FDIC has to work with (according to one thread here, about a third of WaMu's accounts). I don't know if Congress will approve unlimited financing beyond what they can cover .... and at any rate I doubt it would be an instant process to get FCIC money.
The estimates for bank failures (from folks pretty bearish on the economy) is around 150 billion, the FDIC has around 50 billion currently. If Congress didn't hand out the additional 100 billion the system would collapse and we'd be in soup lines.

But now that WaMu failed without cost the FDIC (it has the possibility of using all their funds), the estimates are more likely in the 100 billion range.
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