gung: As Doug says,I believe you can have more than one FDIC insured account as long as they're in separate institutions; I don't know if there's a limit on the absolute number of such insured accounts that one person can hold. I also understand there's a higher FDIC (or other US Gov't Agency) limit on insured IRA accounts, but I've never checked. BillKCG's: Schumer (who used to be the Dem's hatchet man, and maybe still is) just accelerated the inevitable with IndyMac; as things stand, with it's losses, no one could've saved it. Trad Frmr: I wish it was just deadbeats; if you'd like a rundown on how the whole industry ran amok, from the neighborhood "mortgage originator" to the geniuses of greed on Wall Street, see F Wm Engdahl's 5-part piece on his website. There's also a concise history of our bubble on patrick.net, but I'd have to look up the entry. Like the pilot says: "Tighten your seat belts; there may be turbulence ahead..."
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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