Comments on: FDIC Expects More Bank Failures But Foreign Governments Are Bailing Us Out /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 26 May 2012 03:47:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Flexo /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/comment-page-1/#comment-138362 Flexo Fri, 29 Feb 2008 03:26:01 +0000 http://www.consumerismcommentary.com/2008/02/27/fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/#comment-138362 Fred: Interesting article! Thanks for sharing. Fred: Interesting article! Thanks for sharing.

]]> By: Fred /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/comment-page-1/#comment-138343 Fred Thu, 28 Feb 2008 21:02:13 +0000 http://www.consumerismcommentary.com/2008/02/27/fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/#comment-138343 I've pointed this out on at least one other PF blog, but this article on the Chinese government's investments in the US is worth reading: http://www.theatlantic.com/doc/200801/fallows-chinese-dollars I’ve pointed this out on at least one other PF blog, but this article on the Chinese government’s investments in the US is worth reading:

http://www.theatlantic.com/doc/200801/fallows-chinese-dollars

]]> By: fathersez /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/comment-page-1/#comment-138258 fathersez Thu, 28 Feb 2008 08:46:34 +0000 http://www.consumerismcommentary.com/2008/02/27/fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/#comment-138258 Actually from this part of the world, it looks like the sovereign funds are eagerly investing in the US banks. Perhaps bailing out may be too strong a word. (To me, I feel that a bailout may indicate an unwilling investor). The US banks are huge and the busload of money these funds are investing does not give them a big stake or control. A lot was said about the Saudi prince who was the biggest investor in Citibank or so. Despite this, Citibank never ever gave any impression that its largest shareholder was Saudi. This is one great strength of the US financial sector. Actually from this part of the world, it looks like the sovereign funds are eagerly investing in the US banks. Perhaps bailing out may be too strong a word. (To me, I feel that a bailout may indicate an unwilling investor).

The US banks are huge and the busload of money these funds are investing does not give them a big stake or control.

A lot was said about the Saudi prince who was the biggest investor in Citibank or so. Despite this, Citibank never ever gave any impression that its largest shareholder was Saudi.

This is one great strength of the US financial sector.

]]> By: RacerX /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/comment-page-1/#comment-138216 RacerX Thu, 28 Feb 2008 06:07:11 +0000 http://www.consumerismcommentary.com/2008/02/27/fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/#comment-138216 Feels like we are due a wave of consolidations and closures. Time to pay the piper. We've heard about the big guys, but it is Mom and Pop Bank in Podunk, CA that could be in the real trouble. One thing to note about FDIC, is that it can take a bit of time to get paid if the other bank doesn't get bought. Feels like we are due a wave of consolidations and closures. Time to pay the piper. We’ve heard about the big guys, but it is Mom and Pop Bank in Podunk, CA that could be in the real trouble.

One thing to note about FDIC, is that it can take a bit of time to get paid if the other bank doesn’t get bought.

]]> By: Heidi /fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/comment-page-1/#comment-138159 Heidi Wed, 27 Feb 2008 20:55:45 +0000 http://www.consumerismcommentary.com/2008/02/27/fdic-expects-more-bank-failures-but-foreign-governments-are-bailing-us-out/#comment-138159 I heard about this! For depositors that keep more than the FDIC limits in their bank accounts, I recommend asking about surety bonds (several banks offer them for high balance customers) - or open accounts at multiple banks and keep your balances under $250,000/$100,000. I heard about this! For depositors that keep more than the FDIC limits in their bank accounts, I recommend asking about surety bonds (several banks offer them for high balance customers) – or open accounts at multiple banks and keep your balances under $250,000/$100,000.

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