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Old 09-27-2008, 07:19 PM
Location: NJ
2,111 posts, read 7,681,467 times
Reputation: 1022


Accounts are insured by how they are owned. Individual acct, $100,000, Joint, $100,000 per=$200,000, IRA, $250,000, Individual with POD'S such as husband, wife, kids etc, etc. $100,000 per.

I don't blame people for panicking. I did but did not move on it as I am insured at WAMU under the guidelines. But I still don't like what's going on. I am very conservative and still worried especially since I am unemployed and close to retirement. I feel so sorry for the poor sap that was duped into getting in over their heads in debt, losing their homes. If you saw Opra when she had Suzie Orman on, every American should have seen this show. I don't like debt, it makes me nervous and I wish more people were like that. From what I see, I believe we are all to blame, the consumer for spending, the banks, credit card companies and our great government for no regulations.
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