sd2734
Joined: 12 Dec 2006
Posts: 8
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| Posted: Tue Feb 05, 2008 7:15 pm Post subject: Countrywide Bank |
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I am contemplating to start a High-yield, Moneymarket account with Countrywide Bank, FSB (they offer the highest yield and acceptable terms)
Now, in light of recent developments (Countrywide being in trouble due to the Sub-prime debacle, stock price plunge and talks of Countrywide going under) how good of an idea this might be? The account will be FDIC insured, but I do not want to be involved in a Bankruptcy and wait to get my money back for a long time!!!
Any suggestions?
Thanks,
Simon |
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