Comments on: Banking News, Sock News http://www.ninme.com/archives/2008/09/banking_news_sock_news.html Fri, 09 Jan 2009 11:28:38 +0000 http://wordpress.org/?v=2.6 By: ninme http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46661 ninme Wed, 01 Oct 2008 15:55:10 +0000 http://www.ninme.com/?p=9253#comment-46661 <p>Hmm, did it? Not really. It's a mortgage and general savings/checking sorts of stuff. All that stuff's insured. It's the stocks that you have to worry about, and we don't have any of those. I'd kind of worry about the guys bankrolling Peter's work, since I'm sure they have a lot of stuff tied up in stocks... It is funny tho because when we were signing the mortgage papers (now why did I start to type mortgage out with a capital M?) I asked the WaMu guy ("Mike") what would happen if WaMu ever went belly-up and got bought by some other bank, then of course said, "Not that that would ever happen" and he sort of laughed and said something like "Yeah if, in a hundred years from now, Washington Mutual ceases to exist..." Hmmmmmmm.</p> Hmm, did it? Not really. It’s a mortgage and general savings/checking sorts of stuff. All that stuff’s insured. It’s the stocks that you have to worry about, and we don’t have any of those. I’d kind of worry about the guys bankrolling Peter’s work, since I’m sure they have a lot of stuff tied up in stocks… It is funny tho because when we were signing the mortgage papers (now why did I start to type mortgage out with a capital M?) I asked the WaMu guy (”Mike”) what would happen if WaMu ever went belly-up and got bought by some other bank, then of course said, “Not that that would ever happen” and he sort of laughed and said something like “Yeah if, in a hundred years from now, Washington Mutual ceases to exist…” Hmmmmmmm.

]]> By: Brett_McS http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46628 Brett_McS Tue, 30 Sep 2008 22:02:49 +0000 http://www.ninme.com/?p=9253#comment-46628 <p>That's a shame. I wonder if some newly minted Harvard MBAs got mixed up in there at some stage.</p> That’s a shame. I wonder if some newly minted Harvard MBAs got mixed up in there at some stage.

]]> By: Rueful Red http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46617 Rueful Red Tue, 30 Sep 2008 15:43:28 +0000 http://www.ninme.com/?p=9253#comment-46617 <p>Bradford and Bingley. Two good Yorkshire names redolent of thrift and knoiwing the value of money. I'd been with it since it was a boring mutual. Wish it was boring now.</p> Bradford and Bingley. Two good Yorkshire names redolent of thrift and knoiwing the value of money. I’d been with it since it was a boring mutual. Wish it was boring now.

]]> By: Brett_McS http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46608 Brett_McS Tue, 30 Sep 2008 12:49:43 +0000 http://www.ninme.com/?p=9253#comment-46608 <p>That's right, Red. As new owner of the bank you should raise that idea at the next board meeting. Which bank?</p> <p>It used to be that when America coughed, Australia came down with a cold. Not so much now. On the other hand, if China gets a cold, we'll probably come down with Asian Bird Flu.</p> That’s right, Red. As new owner of the bank you should raise that idea at the next board meeting. Which bank?

It used to be that when America coughed, Australia came down with a cold. Not so much now. On the other hand, if China gets a cold, we’ll probably come down with Asian Bird Flu.

]]> By: Rueful Red http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46603 Rueful Red Tue, 30 Sep 2008 09:58:43 +0000 http://www.ninme.com/?p=9253#comment-46603 <p>I've just had my mortgage nationalised. Don't know why I can't just pay myself the mortgage, take a tax deduction and cut out the middle man.</p> I’ve just had my mortgage nationalised. Don’t know why I can’t just pay myself the mortgage, take a tax deduction and cut out the middle man.

]]> By: Brett_McS http://www.ninme.com/archives/2008/09/banking_news_sock_news.html#comment-46598 Brett_McS Tue, 30 Sep 2008 06:55:25 +0000 http://www.ninme.com/?p=9253#comment-46598 <p>I like that Joseph Calhoun fellow. First sensible article I've seen on the subject. The failure of Peter's bank didn't cause you any real concern? Why should it generally? The failure of some ventures is to be welcomed.</p> I like that Joseph Calhoun fellow. First sensible article I’ve seen on the subject. The failure of Peter’s bank didn’t cause you any real concern? Why should it generally? The failure of some ventures is to be welcomed.

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