Comments on Saving to Inve$t: What would happen to My Money if Citigroup or Bank...

I think it is inevitable that governments will tak...

2010-01-05T15:37:38.617-05:00

I think it is inevitable that governments will take ownership of the bed assets that greedy capitalists accumulated over the years. Look at the example of AIG. They have received more bailout money than any other institutions.

Nationalization is inevitable. There is no other o...

2009-08-25T08:46:30.621-04:00

Nationalization is inevitable. There is no other option to save C and BAC.
Thank for this wonderful post. You have just provided me with valuable insights and ideas on what actions should be taken to protect my money in Citigroup. Good luck to us all.

Lets hope that lenders aren't nationalized; while ...

2009-08-18T14:20:25.228-04:00

Lets hope that lenders aren't nationalized; while the burst of the housing bubble showed that we definitely need more regulation, our entire capitalist system is based upon a free market economy, in which we have to regulate ourselves through competition. Too much regulation is like forcing everyone to drive a Prius! Ick!

Unfortunately I don't think it will impact anythin...

2009-07-31T03:36:13.458-04:00

Unfortunately I don't think it will impact anything.

I think it is a natural process that we go through...

2009-07-29T00:31:40.989-04:00

I think it is a natural process that we go through. Nationalization has taken place in communism, and it looks like the world has changed a lot and became clear that capitalism is not the most effective way to allocate resources. Communism did not work either so we have to find something inbetween.

Hi this is Shell.. I am looking for some finance ...

2009-07-02T01:56:33.731-04:00

Hi this is Shell..

I am looking for some finance sites to make a relation between the sites by doing link swapping and article exchange.

I have some good sites on finance and interested to do 3 way link exchange, so please let me know if you are interested to optimize site in SE, I will wait for ur reply at shellybrown1984(at)gmail.com

Unfortunately banks will never go bankrupt. The go...

2009-06-11T03:03:27.524-04:00

Unfortunately banks will never go bankrupt. The government will alwys keep saving them. I hope some day the people will realise that it does not work forever. Then, we will have to start building a new system.

I wonder whether my money at a bank is increasingl...

2009-06-07T02:11:41.438-04:00

I wonder whether my money at a bank is increasingly at risk to be lost. If all banks go bankrupt what will come then?

By nationalizing banks we are at the front door of...

2009-06-06T13:29:39.913-04:00

By nationalizing banks we are at the front door of becoming a post-communist state. I disagree with these measures.

Great post. I was wondering about this whole situ...

2009-04-02T15:10:11.853-04:00

Great post. I was wondering about this whole situation because I'm concerned about all the money i have saved in my bank account.

why do you say a credit union is better than a ban...

2009-02-23T19:38:47.018-05:00

why do you say a credit union is better than a bank for access to cash in your post

Looks like the US government is stepping in yet ag...

2009-02-23T09:35:10.410-05:00

Looks like the US government is stepping in yet again to save citibank! More taxpayer funds spent and national debt accumulated. Feel sorry for our future generations who have to pay off the debt.

ME - Yep, the US got too smart for itself and the house of cards looks to have fallen. Canada and Australia probably have the soundest financial systems, yet stockmarkets in both countries have dropped more than the US...

LM - I agree, infact I think the rest of the market will benefit from stabibiliy in the financial system. I think nationalization of BAC and C is only matter of time. With the government stakes increasing in both companies, they are already partially nationalized.

American in Exile - Internet banking should not change. Nationalization means a change in ownership structure and unlikely the day to day operations will change much.

I'm an expat with accounts at both BoA and Citi. ...

2009-02-23T09:26:57.876-05:00

I'm an expat with accounts at both BoA and Citi. My deposits are FDIC insured, but can anyone tell me whether nationalization would impair my ability to use internet banking?

I think that there will be no big changes when it ...

2009-02-23T00:32:14.603-05:00

I think that there will be no big changes when it become nationalized..I don't expect much!!

For all the comments/fears about Canada being a "s...

2009-02-22T19:29:16.880-05:00

For all the comments/fears about Canada being a "socialist" country, it's interesting that it is the only country in the industrialized world to not have any bank failures, bailouts or mortgage bailouts during this whole mess... now the other G20 nations are taking Canada as an example especially following Obama's big endorsement.