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  #1  
Old 09-26-2008, 08:52 AM
Aquila Aquila is offline
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The biggest bank failure in history:

Biggest bank failure in history....

http://cnnmoney.printthis.clickabili...partnerID=2200

I know they're saying we aren't going to see a depression. But I have an uneasy feeling that leaves me unconvinced. I pray they're right.
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  #2  
Old 09-26-2008, 09:00 AM
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Jack Shephard Jack Shephard is offline
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Re: The biggest bank failure in history:

Quote:
Originally Posted by Aquila View Post
Biggest bank failure in history....

http://cnnmoney.printthis.clickabili...partnerID=2200

I know they're saying we aren't going to see a depression. But I have an uneasy feeling that leaves me unconvinced. I pray they're right.
Yeah and my company Chase is the one that bought them
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Old 09-26-2008, 09:21 AM
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Re: The biggest bank failure in history:

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Originally Posted by JTULLOCK View Post
Yeah and my company Chase is the one that bought them
Looks like we are now fellow customers. I went to bed banking at WAMU and woke up banking at JP Morgan/Chase.
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Old 09-26-2008, 09:25 AM
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Re: The biggest bank failure in history:

That makes two of us,,,, dropped Chase and paid them off about a year ago and went to WaMu.... hmm think the Lord is telling me something ?\

But here is the question I'm watching all of this with. Are we slowly moving to just one or two major banks in the world ? (See where I may be going with this? just a thought. )
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  #5  
Old 09-26-2008, 09:47 AM
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Re: The biggest bank failure in history:

Quote:
Originally Posted by scotty View Post
That makes two of us,,,, dropped Chase and paid them off about a year ago and went to WaMu.... hmm think the Lord is telling me something ?\

But here is the question I'm watching all of this with. Are we slowly moving to just one or two major banks in the world ? (See where I may be going with this? just a thought. )
it would not suprise me one bit if the US Gov. decided to break some of these companies up.

when the dust settles, the question will be do we really want any more AIG's that are too big to fail?
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  #6  
Old 09-26-2008, 09:56 AM
AmazingGrace AmazingGrace is offline
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Re: The biggest bank failure in history:

My sister manages one of the larger Chase bank branches now and she said it is totally insane today with WAMU calls coming in with people just totally not understanding all of this.
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  #7  
Old 09-26-2008, 09:57 AM
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Jack Shephard Jack Shephard is offline
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Re: The biggest bank failure in history:

Quote:
Originally Posted by scotty View Post
That makes two of us,,,, dropped Chase and paid them off about a year ago and went to WaMu.... hmm think the Lord is telling me something ?\

But here is the question I'm watching all of this with. Are we slowly moving to just one or two major banks in the world ? (See where I may be going with this? just a thought. )
I was saying this to some friends last week. I had no clue that the purchase would actually go through. It was a rumor for a LONG time. I think that eventually if things keep going the way it is that the fed will take over all banks and our feds are owned by the UN and the UN owns half the world.
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Old 09-26-2008, 09:58 AM
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Re: The biggest bank failure in history:

I was actually thinking more along the lines of a main central bank (end time side of my brain had a flag come up) seems if they take the bail out but then we still dump into reccession will that not mean (basicly) that the government owns the banks ?
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You can't reach the world with your talents. People are sick and tired of religious talents. People need a Holy Ghost annointed church with real fruits to reach out and touch their lives. ~ Pastor Burrell Crabtree

In fact I think that the insinuation of "hateful" Pentecostals is coming mostly from the fertile imaginations of bitter, backslidden ex Apostolics who are constantly trying to find a way to justify their actions. ~ strait shooter


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  #9  
Old 09-26-2008, 09:59 AM
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Re: The biggest bank failure in history:

Hey Hey AG... nice to see you !!

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You can't reach the world with your talents. People are sick and tired of religious talents. People need a Holy Ghost annointed church with real fruits to reach out and touch their lives. ~ Pastor Burrell Crabtree

In fact I think that the insinuation of "hateful" Pentecostals is coming mostly from the fertile imaginations of bitter, backslidden ex Apostolics who are constantly trying to find a way to justify their actions. ~ strait shooter


www.scottysweb.com
www.chrisscottonline.com
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  #10  
Old 09-26-2008, 10:00 AM
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Jack Shephard Jack Shephard is offline
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Re: The biggest bank failure in history:

Quote:
Originally Posted by AmazingGrace View Post
My sister manages one of the larger Chase bank branches now and she said it is totally insane today with WAMU calls coming in with people just totally not understanding all of this.
Right. All the branches will merge and accounts will merge, but things take time there is no quick fix. When Chase bought out Bank One it took a good long while to merge all the accounts. The home equity accounts which is what I do now took almost a year to convert all of them.
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