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Monday, January 05, 2009 2:40:27 AM
http://www.watertowndailytimes.com/article/20090104/COL08/301049982/-1/COL08
"...If you have money in a local bank or brokerage, it is probably safe where it is. It is certainly safer than at many of the high-flying Wall Street firms that have gotten so much press coverage in the last few months.
While Bernie Madoff didn't have a Watertown office, we do occasionally have some financial scandals of our own.
Anyone who got financing from the Jefferson National Bank in the 1990s or bought stock in other ill-fated regional attempts to raise money on over-the-counter (OTC) public offerings will understand what it feels like. We are not immune from criminality or just bad judgment and bad luck in the business world...."
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Geez...I wonder....hmmmmmmmmmmm....sound familiar? I wonder if there is a story there?
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