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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:10 PM Original message |
BREAKING: Top two coporate credit unions have been seized by National Credit Union Administration. |
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Beetwasher (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:13 PM Response to Original message |
1. WTF???!!! Oh Shit!! |
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Mme. Defarge (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:16 PM Response to Original message |
2. Do you have a link to the WSJ reference? |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:16 PM Response to Reply #2 |
3. I'll be back with it if possible, and I'll post it in the main post. |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:18 PM Response to Reply #3 |
6. Nope, they don't have an actual story about it yet, just a banner on the top of their home page. |
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960 (676 posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:17 PM Response to Reply #2 |
4. It's breaking on CNBC & cnbc.com right now too. |
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MrPerson (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:18 PM Response to Original message |
5. They gotta lay off the fries. They'll kill you. |
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malaise (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:18 PM Response to Original message |
7. WTF?????? |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:19 PM Response to Original message |
8. Article from February... |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:54 PM Response to Reply #8 |
14. As I'm understanding this, it looks like the Federal reserve of credit unions just went belly up. |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:05 PM Response to Reply #14 |
18. It is definitely a big deal IMO.... |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:06 PM Response to Reply #18 |
19. Yep, down the line from US Central there are 8,000 credit unions... |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:09 PM Response to Reply #19 |
22. Those who lost get bailed out by those who did not :( n/t |
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Hugin (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:20 PM Response to Original message |
9. Here's the announcement at the NCUA. |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:23 PM Response to Reply #9 |
10. I'll include it in the OP. |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:25 PM Response to Original message |
11. I wouldn't be suprised if Texans CU is taken over soon. |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:31 PM Response to Original message |
12. kicking, as I just update the op with more useful information. |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:49 PM Response to Original message |
13. ...n/t |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:56 PM Response to Reply #13 |
15. ? |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:07 PM Response to Reply #15 |
20. That was a kick without the... |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:10 PM Response to Reply #20 |
23. OIC! |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Sat Mar-21-09 01:13 PM Response to Reply #23 |
24. Kick :)) n/t |
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GoesTo11 (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 06:59 PM Response to Original message |
16. Can't be |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:04 PM Response to Reply #16 |
17. Everyone's deposits are safe, all the credit unions that had accounts are safe... |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Fri Mar-20-09 07:08 PM Response to Reply #16 |
21. And the article that I posted above from February was also |
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