What A Headache
I have had FDIC shoved down my throat so much that it's starting to come out my ass.While it is a scary time for the market and in retail banking in general, people need to get a grip and calm the F down. All this panic is making me crazy.
While I understand that people don't want to loose the money they have worked so hard for, their retirement and just plain old survival income, they also need to do some research to get a better understanding of where they're at.
Bauer Financial is a company that researches and rates banks based on their reserves and capital, gains and losses. Their webite is http://www.bauerfinancial.com/ and you should check them out.
If you're curious, my company is a four star rated bank. Woot, woot!
