Comments on: Another Bank Failure For Arizona http://housingdoom.com/2008/09/06/another-bank-failure-for-arizona/ Thu, 24 May 2012 01:57:19 +0000 hourly 1 http://wordpress.org/?v= By: mikey_d http://housingdoom.com/2008/09/06/another-bank-failure-for-arizona/#comment-13937 mikey_d Sat, 06 Sep 2008 23:23:06 +0000 http://housingdoom.com/?p=1614#comment-13937 you can only wish that it was the fact that you didnt have a SS card. The problem is because of McCain son, and it election year, being high profile and will be written on all forms of media, people got scared just like what had happen to INDYSMACK. People ran to the nearest branch and withdraw there funds. The reality is this... if we all ran to the nearest bank and withdrawn our money, every bank in the world would fail. it has to do with being capitalized!!!! you become under cap when people dash out and take money out of the bank! you can only wish that it was the fact that you didnt have a SS card. The problem is because of McCain son, and it election year, being high profile and will be written on all forms of media, people got scared just like what had happen to INDYSMACK. People ran to the nearest branch and withdraw there funds. The reality is this… if we all ran to the nearest bank and withdrawn our money, every bank in the world would fail. it has to do with being capitalized!!!! you become under cap when people dash out and take money out of the bank!

]]> By: LVrenter211 http://housingdoom.com/2008/09/06/another-bank-failure-for-arizona/#comment-13936 LVrenter211 Sat, 06 Sep 2008 21:04:37 +0000 http://housingdoom.com/?p=1614#comment-13936 A couple of years ago I attempted to open a CD at Silver State. They refused to let me because I wasn't carrying a Social Security card. I knew the number, of course, but they insisted on seeing the red and blue card itself. (I left and never did business with them at all.) Had they been that careful with their borrowers instead of their depositors, they wouldn't have failed. A couple of years ago I attempted to open a CD at Silver State. They refused to let me because I wasn’t carrying a Social Security card. I knew the number, of course, but they insisted on seeing the red and blue card itself. (I left and never did business with them at all.) Had they been that careful with their borrowers instead of their depositors, they wouldn’t have failed.

]]> By: twist http://housingdoom.com/2008/09/06/another-bank-failure-for-arizona/#comment-13935 twist Sat, 06 Sep 2008 20:03:09 +0000 http://housingdoom.com/?p=1614#comment-13935 WC- My guess is they are shooting for one bank a week. If you take out too many at once, people might think that the banks are in trouble. WC-

My guess is they are shooting for one bank a week. If you take out too many at once, people might think that the banks are in trouble.

]]> By: wcvarones http://housingdoom.com/2008/09/06/another-bank-failure-for-arizona/#comment-13934 wcvarones Sat, 06 Sep 2008 19:05:55 +0000 http://housingdoom.com/?p=1614#comment-13934 Heckuva job, Bairie! Sheila Bair is still way behind the curve in closing insolvent banks. Heckuva job, Bairie!

Sheila Bair is still way behind the curve in closing insolvent banks.

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