[jasonraymondson]

http://www.cnn.com/video/#/video/busine ... ty.net.cnn

Great video showing a women who lost $20,000 when her bank folded up.

[Cashmere]

Any idiot who has 120k in their single bank account should be parted from their money immediately.

[Gorm]

How understanding of you. Everbody that dont know everything about bankingrules are idiots and deserv what they get?

[UncoveringTruths]

There's alot of optimistic folks out there thankfully so or we would be in the middle of a shitstorm. IMO bad form on scorning folks who lose.

[Gorm]

And she was one of the far too few that had saved money in the bank, and that with a low-income pay. So, I fell sorry for her and do not think she deservd it at all.

[hironegro]

$this->bbcode_second_pass_quote('Gorm', 'H')ow understanding of you. Everbody that dont know everything about bankingrules are idiots and deserv what they get?

[Peepers]

Ever hear of not putting all your eggs in one basket?

Ever learn in school that the FDIC insures accounts up to $100,000 (usually!)??

Ever learn to read the fine print, especially with something so important as your money??

C'mon folks. This is Life 101. You are giving your money to strangers for them to keep. Learn the safeguards and conditions of how they will treat your money. If your money means so little to you that you don't want to be bothered with how your money can be better protected, then don't cry when you lose it.

When it comes to money, there is no sympathy. Treat your money as if others covet it and will want to steal it the first chance they get. Because they surely will.

[Gorm]

You are way to obsessed with money I think. Money is just money, life is so mutch more. So she missed some basic 101, that sucks for her, true. But we all make mistakes, hers was to save too mutch money in one account. That does not make her an idiot.

[AlexdeLarge]

$this->bbcode_second_pass_quote('Peepers', 'E')ver hear of not putting all your eggs in one basket?

Ever learn in school that the FDIC insures accounts up to $100,000 (usually!)??

Ever learn to read the fine print, especially with something so important as your money??

C'mon folks. This is Life 101. You are giving your money to strangers for them to keep. Learn the safeguards and conditions of how they will treat your money. If your money means so little to you that you don't want to be bothered with how your money can be better protected, then don't cry when you lose it.

When it comes to money, there is no sympathy. Treat your money as if others covet it and will want to steal it the first chance they get. Because they surely will.

[charliebrownout]

$this->bbcode_second_pass_quote('hironegro', '')$this->bbcode_second_pass_quote('Gorm', 'H')ow understanding of you. Everbody that dont know everything about bankingrules are idiots and deserv what they get?

[VMarcHart]

I am sympathetic to her situation, but with a limit.

First, why was she putting both hers and her husband's money in her name in one single bank? I understand the id fraud situation, but it has been said above ... all the eggs in one basket?!?! Not smart!

Second, while thousands of customers were running on the bank, why didn't she withdraw their money?

Third, we saw a lot of that when people lost everything they had when Enron, MCI, Worldcom et al went down in flames, and people still not learning lessons.

I'm sorry she lost $20K, but she should be counting her blessings it was not the whole $120K.

[Madpaddy]

If she buys Goldman Sachs shares with the $100,000, she will make her money back in no time.....

[Peepers]

$this->bbcode_second_pass_quote('Gorm', 'Y')ou are way to obsessed with money I think. Money is just money, life is so mutch more. So she missed some basic 101, that sucks for her, true. But we all make mistakes, hers was to save too mutch money in one account. That does not make her an idiot.

[gnm]

Being that the interest rate on savings is lower than the rate of inflation by a large margin, AND you get taxed on said interest as well, I don't understand why anyone would have savings anyways. The tax policies and general economic climate just don't support any reason to save...

-G

[HEADER_RACK]

$this->bbcode_second_pass_quote('Gorm', 'Y')ou are way to obsessed with money I think. Money is just money, life is so mutch more. So she missed some basic 101, that sucks for her, true. But we all make mistakes, hers was to save too mutch money in one account. That does not make her an idiot.

[nobodypanic]

$this->bbcode_second_pass_quote('Cashmere', 'A')ny idiot who has 120k in their single bank account should be parted from their money immediately.