Replies to post #208069 on $Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

Get the feeling you may not really be in
control of ur money???

You're right, always be careful~!

[Stock Lobster]

It was the bank manager of my mothers bank in South Carolina who explained it to me.

I have tried to verify it on any website, but there is no mention of how payments would be made

However, knowing how underfunded so many plans are, I wouldn't be surprised if they have the option to extend payments out over years

The FDIC system was meant to handle one or two bank collapses.

The big question is what if a number of banks were to close in an unexpected national banking crisis? The system wasn't created for that degree of stress