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Re: GO4AWILDRIDE post# 149011

Tuesday, 02/09/2010 11:58:47 AM

Tuesday, February 09, 2010 11:58:47 AM

Post# of 733923
It is a Government-owned Corporation. That SHOULD imply ownership of the people, by the people, and FOR the people, if ya know what I mean.

http://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation

They are NOT independent, and it's officers and chairman are chosen by the President, with the approval of the Senate. It was created by the Glass-Steagall act of 1933 to help PROTECT people, and ALSO to protect BANKS... to protect banks from what you say?

From the very runs HER actions, and JPM, and Goldman-Sachs, AND Moody's CAUSED, because those are the KINDS OF MAJOR SCREWUPS/WILLFUL ACTS OF DESTRUCTION THAT DESTROY BANKS AND THEIR SHAREHOLDERS AND THEIR CREDITORS AND INDIVIDUALS WITH DEPOSITS AND OUTSTANDING LOANS AT THE AFOREMENTIONED BANK!

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