Thread: Bank Failures
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Old 04-06-2013, 04:50 PM
Hatterasguy's Avatar
Hatterasguy Hatterasguy is offline
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Join Date: Nov 2002
Location: Milford, CT
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This is another reason you shouldn't hold a lot of cash in banks. Spread it around.

Also only bank with very old, very conservative small local banks. The bank I do business with is 160 years old and AFAIK they have not had to foreclose on one house since 2008.
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