»»»»»»» My FDIC Insurance Website – Here’s My FDIC Insurance Gov Website that Suze Orman Talked About on The Today Show – Watch the video from September 16, 2008
»»»»»»» My FDIC Insurance Website – Here’s My FDIC Insurance Gov Website that Suze Orman Talked About on The Today Show – Watch the video from September 16, 2008
Suze Orman was on The Today Show talking about this My FDIC Insurance Government website that lets us know the details behind how to try and ensure our wealth is insured.
Her doorman got $17,000 stolen from him the other night when he took his money out the bank and brought it home with him! I’m not doing that…
My FDIC Insurance Website Will Tell You…
…that you don’t put $300,000 in one bank (nor in different branches nor different accounts at the same bank) — but use the limits displayed on the My FDIC Insurance Website. And spread that money around to different financial institutions that your research and Holy Spirit-led gut tells us…
“Look at the stock price of your bank,” Suze Orman warned about different banks or financial institutions like AIG, Lehman Brothers and other stocks that have tumbled.
September 23rd, 2008 at 7:55 pm
what about credit unions that have the extra insurance?
September 29th, 2008 at 11:44 am
I am amazed that in this day and age that Suze would recommend
going to this site and giving out information such as account nickname,owners names and balance online! I think it is irresponsible for her to advocate people putting this kind of information out there.
What kind of advisor is she and what kickback is she getting for sending all those people to that site.
Sorry but these days you can never be too careful and you have to watch where the money is traveling. In this case it is going to Suze from TV and other interests.
September 29th, 2008 at 11:51 am
Sorry one more thought.
I think the proper advice would be to call your banking institution or advisor and get the correct info, not create another source of your personal information on the web.
September 29th, 2008 at 4:58 pm
I was wondering why the bond holders will lose everything with the buyout by JPMorgan of WAMU and they get to keep the assets but not the liabilities.Also, I will vote every politician out for the mess they got us into,Dems and GOP
alike !!!!! Thankyou.jm
September 29th, 2008 at 6:30 pm
After reading I get the strong feeling, it is not a good idea to have over a $100,00.00 in the same bank even though the money is in diferent accounts, such as checking, money markets and CD’s. Is this correct? Should I get the total of my accounts under or equal to #100,00.00??? in order to be covered by the government FDIC ruling?
September 30th, 2008 at 9:01 am
Suze Orman said that yes, it’s not a good idea to keep more than $100,000 at one financial institution — even in different accounts, even if the bank is FDIC insured.
I know there are higher limits than $100,000 if you’re talking about a joint account, but still, I’d feel safer spreading the money about in several banks with good strong solid bank safety ratings.
Even then, we know we can’t trust in riches in this world…
November 30th, 2008 at 7:32 pm
Suze Orman is a tool of Wall Street. The more Wall Street wins, the more the small investor loses. Ask yourself the last time Suze Orman ever recommended keeping your money in cash and letting Wall Street sink like the drown pig that it is.
I love this. All of Wall Street is getting bailed out by the taxpayer. Why? Because they have “toxic assets.” Since we are abandoning free market principals, what this amounts to is that Citibank, Wells Fargo, Bank Of America are all being bailed out by the (say it with me) United Socialist Peoples Republic of America.
Meanwhile, the people who are paying the debt, which they agreed to pay, are getting to finance all of the irresponsibility that our lazy, inept, thoughtless culture can come up with.
A person’s word means nothing to anyone. The banks promised to pay. Now they won’t. The buyers promised to pay. Now they won’t. I am not screwed because my analysis was flawed. I am not screwed because strategy was flawed. I am screwed because of all the “needy” people who promised to pay, and now they won’t.
So, if I decide to be honest, to be true to my word, to honor my contracts, I AM SCREWED. I will have to pay full market value for my assets while banks and deadbeats get a communist discount. If I go back on my word, if I decide that my signature means nothing, if I decide that I am too weak, ill prepared, too dishonest, then I will be rewarded with the full value of today’s lower market prices.
So, not only do I get SCREWED as an investor, but guess what? My revenues are nice and large, so not only do all of the poor, helpless banks get all of my money, but the government gets to take the rest in the form of taxes. Where do the taxes go? To finance all of the people and banks who backed out of their financial agreements.
I hate every living person who allowed this to happen. It doesn’t matter how much money you take away from the taxpayer if it’s all going into corrupt policy. Every person, every bank, every business who backed out of their financial obligations should have the ethics to pay their obligations. But then, every murderer, every child molester, every rapist should have the ethics to refrain from creating victims, also. Maybe all of the people who don’t rape, molest children or kill people should be forced to serve the prison time for all of the people who do.
But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.
This country deserves to burn in a day. I firmly believe that the people who wrote our Declaration of independence would gladly offer a match.
Why should I stay in this pathetic excuse for a society?
If ever there was a time for Atlas to shrug, it is now.
stephenfunder@hotmail.com