Red alert: "Our financial system is fundamentally sound" again!

[skyson]

Last year, Paulson told us "our financial system is fundamentally sound" right before the system spiraled into a crisis.

Now, the FDIC Chairwoman Sheila Bair addresses the nation after the 100 bank failures:"Your deposits are absolutely safe"!

Guys, run to your bank!

[skyson]

Re: Red alert: "Our financial system is fundamentally sound" again!

No, please sleep well. For the last 75 years(at least:eek, no one have ever lost their deposits:

[goadam1]

Re: Red alert: "Our financial system is fundamentally sound" again!

No, please sleep well. For the last 75 years(at least:eek, no one have ever lost their deposits:

weird. Not worried about the ability to print money and get it back. But what does it buy me when I get it back?

[pianodoctor]

Re: Red alert: "Our financial system is fundamentally sound" again!

DOLARITOS©

Don't worry, we'll make more!