ST Alpha - "To repeat Guy's question: Who was withdrawing all that money? Consumers? -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 151

To repeat Guy's question: Who was withdrawing all that money? Consumers? -- nm

Posted by Mop (aka rburriel) Jan 30 '09, 15:52

(No message)

Responses:

Anyone over the FDIC limit would be my guess. - DaMENACE Jan 30, 15:54
i find that impossible that several hundred billion consumers would suddenly withdraw money at the same time -- nm - Guy Jan 30, 15:52 11
- Cuz at most, there's 6.1billion consumers on the planet? -- nm - Will Hunting Jan 30, 15:55 2
  - oops... meant to write million. :) (which is still probably a bit overboard) -- nm - Guy Jan 30, 15:59 1
    - Ask Pixie about the bank runs out in california that happened. - Will Hunting Jan 30, 16:00
- I imagine there was a rumour started somehow among the institutional investors....probably started overseas and it just spread very rapidly. -- nm - Walt_Disney Jan 30, 15:55 5
  - I saw an article that the UK was 3 hours from a full on financial collapse. [LINK] - DaMENACE Jan 30, 15:57 4
    - From a side article: Daniel Radcliffe's stunt double paralyzed during production of Deathly Hallows. -- (link) - Mop Jan 30, 16:11
    - "major depositors", whoever that is. Institutional investors, I guess. -- nm - Mop Jan 30, 16:01 2
      - There is tons of money in company payrolls sitting in banks over the gov't guarenteed limits. - DaMENACE Jan 30, 16:03 1
        
        Given that it was electronic withdrawls, I think that eliminates average consumers. -- nm - Mop Jan 30, 16:04
- The power of several hundred billion consumers is insignificant to the power of the force. -- nm - Redmond has a particular set of skills Jan 30, 15:54
- well given the high number of consumers you state i'll think you'r right -- nm - Dane Duke Nuuk Jan 30, 15:54

Post a message top

Replies are disabled on threads older than 7 days.