"Kimaroo, The FDIC says: "FDIC deposit insurance is backed by the full faith and credit of the United States government".
And we know how much that is worth these days."
"Does everyone remember the 'bailout' package that passed included an increase to $250,000 to quell depositor fears and prevent a bank run?
What you didn't hear was that it expires December 31st, 2009!!!!!!
So if people do consolidate accounts because of higher limits, in just over a year, there will be either:
A panic as people rush to withdraw and move money before the limits decrease.A huge risk if people don't move money and more banks fail
Basically, this portion of the bailout defered potential bank panic till another administration is in charge.
[www.fdic.gov]"
"It is a well researched subject.
The google is just a wealth of info!
Cornell University's School of Hotel Administration has done extensive research on tipping behavior."
"@vivelafat:That's good Synchro!: Consumerist is refreshing and loading, so I'm not sure if this comment will get to you.
I have been reading wait rant for a while."
"@satoru: And their brand image is important to you why?
Do you somehow feel your personal status as an Amex cardmember is reduced because Amex also offers credit card?
Wow."
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