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Post by rockstarinvestor on Sept 10, 2008 17:00:48 GMT -5
You all should take a look at the L.A. Times Front Page Business Section - Sunday, September 7th. How Safe Is Your Bank? They show ratings by Bankrate & BauerFinancial of the top Banks from 1-5 stars. Washington Mutual - Bankrate 1 Star - Bauer - 3 Stars Wells Fargo - 4 stars on both (good rating) Citi National Bank & California Bank & Trust - 4 stars on both Bank of America - Bankrate - 3 stars - Bauer - 3.5 stars Downey Savings & Loan - 1 star each  |
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Post by landtrustme on Sept 10, 2008 17:04:10 GMT -5
i'm not very thrilled about Washington Mutuals rating here. BofA looking better.
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Post by Brett on Sept 10, 2008 17:06:30 GMT -5
Great, one of my banks isn't looking that solid. I am going to make a partial change to help protect myself in case it bails out on us. One thing that pisses me off is when my banks seem to keep buying other banks and vice versa. When I have gotten mad at a bank and changed, several times they end up buying the bank I switched to and what a pain it is to switch banks and update checking accounts and all that.  |
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Post by Brett on Sept 10, 2008 17:49:31 GMT -5
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Post by protectmyassets on Sept 15, 2008 14:18:12 GMT -5
maybe it will take a few more major banks going under to really wake people up and protect themselves.
did you see the Lehman scare? What about Merrill Lynch being bailed out by Bank of America (it could have gone really bad there).
What about all the ones that are about to go under or may go under that we don't even know about? What about the 100+ in danger bank list?
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Post by fast2008 on Sept 17, 2008 13:32:14 GMT -5
if i move to another bank, then one of the low rated banks will probably purchase my bank, then i got to go through this shit all over again. it's just like when they transfer your real estate loan from one bank to another without your approval.
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Post by protectmyassets on Sept 18, 2008 13:59:56 GMT -5
if i move to another bank, then one of the low rated banks will probably purchase my bank, then i got to go through this shit all over again. it's just like when they transfer your real estate loan from one bank to another without your approval. this has happened to me as well, man that pisses me off. I switched banks because they treated me bad and didn't approve a loan for me when i had plenty of money in their bank. so i switched banks to teach them a lesson and of course a year later they bought my bank and owned me again |
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Post by rockstarinvestor on Sept 26, 2008 7:31:26 GMT -5
we have been talking about the risk of Washington Mutual for awhile now. If you have been reading our newsletters, we have been warning everyone about washington mutuals risk for over a month at least.
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Post by rockstarinvestor on Sept 26, 2008 7:36:44 GMT -5
Washington Mutual Collapses. |
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