Is your UPS check deposit & savings insured? Which bank?

[Over70irregs]

After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today

By Pam Martens and Russ Martens: October 5, 2023 ~ As evidenced by the speech that the FDIC Chair, Martin Gruenberg, delivered at a conference yesterday,

wallstreetonparade.com

 

[UnionStrong]

After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today

By Pam Martens and Russ Martens: October 5, 2023 ~ As evidenced by the speech that the FDIC Chair, Martin Gruenberg, delivered at a conference yesterday,

wallstreetonparade.com

Citizens bank went under yesterday.

 

[KearsargeCoop]

Citizens bank went under yesterday.

Whoa

 

[Trucker Clock]

Whoa

A small, mismanaged, Iowa bank that overextended itself by giving loans that it did not have the money to give.

 

[UnionStrong]

Whoa

Yep

 

[UnionStrong]

A small, mismanaged, Iowa bank that overextended itself by giving loans that it did not have the money to give.

Been around a long time.

 

[Trucker Clock]

Been around a long time.

Hostess was around for a long time. Mismanagement put them out of business. Same with Citizens.

 

[UnionStrong]

Hostess was around for a long time. Mismanagement put them out of business. Same with Citizens.

I’m not saying they weren’t mismanaged, just that longevity means nothing today, many of them are vulnerable.

 

[Trucker Clock]

I’m not saying they weren’t mismanaged, just that longevity means nothing today, many of them are vulnerable.

Correct.

Size doesn't matter either.

 

[UnionStrong]

Correct.

Size doesn't matter either.

Nope.

 

[IVE GOTTA PACKAGE 4U]

A small, mismanaged, Iowa bank that overextended itself by giving loans that it did not have the money to give.

To trucking companies that couldn't pay the loans back and that bank was not FDIC insured

 

[Ou812fu]

A small, mismanaged, Iowa bank that overextended itself by giving loans that it did not have the money to give.

You are talking about all banks.

 

[...]

that overextended itself by giving loans that it did not have the money to give.

That's pretty much every bank.

 

[Over70irregs]

Citizens bank went under yesterday.

Lil guys have to get wiped out so the monopoly can have more reign. No matter how crooked…….

 

[PCM Troll]

Are you asking if I deposit my check in the Cayman Islands or a bank on foreign soil?

 

[burrheadd]

Hostess was around for a long time. Mismanagement put them out of business. Same with Citizens.

Nice try but Hostess went out of business to bust the union

 

[IVE GOTTA PACKAGE 4U]

Nice try but Hostess went out of business to bust the union

The union offered big concessions but they didn't want anything to do with it

 

[Over70irregs]

Nice try but Hostess went out of business to bust the union

Sounds familiar