Thread: The BIG Bailout
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Old 2008-09-30, 01:17 AM   #38
Maj. Stress
Progress rarely comes in buckets, it normally comes in teaspoons
 
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Join Date: Jun 2005
Location: Dark Side Of Naboo
Posts: 1,289
Quote:
Originally Posted by SirMoby View Post
I'm embarrassed to say that I pulled everything over a year ago because knew crisis was coming but didn't know exactly where. I've put it in all in CDs and am now earning 5.35% to 5.75%.

I'm even more embarrassed to say that about 1/2 of it I recently moved to Wachovia.

I've been telling people since 2000 this crisis was coming but I just wasn't enough to know how to make a billion on it.
I've been waiting for something to happen a long time too. Anytime you see people fresh out of school with no jobs getting home loans for a really nice house while automakers are laying off workers by the thousand, you know something bad is about to happen.
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