NEW TITLE: Bank of America poised for temporary shut-down. What about other banks?Submitted by Rubiebaby on Wed, 10/01/2008 - 21:56
I just received this in an email from a friend of mine. Also, a very close friend of mine who works for a local bank called me today and told me to "get my money out". That's all she would say.
This is the email I got:
"Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking system, including access to checking accounts, savings accounts and credit cards. Reliable word has it that BofA bank branches received a shipment of signs last week, reading “We're sorry, but due to circumstances beyond our control, we cannot be open at this time.”