Comments on: What if ING Failed Tomorrow? http://www.thewriterscoin.com/2009/05/22/what-if-ing-failed-tomorrow/ Making Personal Finance and Money Interesting Wed, 28 Jul 2010 11:24:01 +0000 hourly 1 http://wordpress.org/?v=3.0 By: What is SmartyPig? http://www.thewriterscoin.com/2009/05/22/what-if-ing-failed-tomorrow/#comment-37972 What is SmartyPig? Fri, 18 Dec 2009 02:56:31 +0000 http://www.thewriterscoin.com/?p=1603#comment-37972 [...] money will earn a very competitive 2.01% APR (as of 12/9) in an FDIC-insured [...] [...] money will earn a very competitive 2.01% APR (as of 12/9) in an FDIC-insured [...]

]]> By: David Safar http://www.thewriterscoin.com/2009/05/22/what-if-ing-failed-tomorrow/#comment-14131 David Safar Sun, 14 Jun 2009 13:42:53 +0000 http://www.thewriterscoin.com/?p=1603#comment-14131 I'm glad this post turned out the way it did -- I was getting ready to jump all over you about how FDIC insurance really does work, but it sounds like you got there yourself. :D I had a CD with a bank that failed a year or two ago, and the transition from them to a new bank (ING Direct, as it happens) went very smoothly and I was quite pleased with the process. Not as pleased as I would have been if it hadn't been necessary in the first place, of course, but it turns out that being bailed out by the FDIC is a quick and painless experience. :) I’m glad this post turned out the way it did — I was getting ready to jump all over you about how FDIC insurance really does work, but it sounds like you got there yourself. :D

I had a CD with a bank that failed a year or two ago, and the transition from them to a new bank (ING Direct, as it happens) went very smoothly and I was quite pleased with the process. Not as pleased as I would have been if it hadn’t been necessary in the first place, of course, but it turns out that being bailed out by the FDIC is a quick and painless experience. :)

]]> By: hustler http://www.thewriterscoin.com/2009/05/22/what-if-ing-failed-tomorrow/#comment-12272 hustler Mon, 25 May 2009 08:10:16 +0000 http://www.thewriterscoin.com/?p=1603#comment-12272 Would you have to prove how much you had in your account? I deposit weekly and don't have a printer, so my monthly statement might not be accurate. Would you have to prove how much you had in your account? I deposit weekly and don’t have a printer, so my monthly statement might not be accurate.

]]> By: BN http://www.thewriterscoin.com/2009/05/22/what-if-ing-failed-tomorrow/#comment-12057 BN Sat, 23 May 2009 00:19:55 +0000 http://www.thewriterscoin.com/?p=1603#comment-12057 ING is a Dutch company that was recently doing business in several countries. In Australia this year, ING Direct was just bought out by a local bank. Same thing just happened in Canada. It is rumored, the same thing wikll happen shortly in the US. ING is a Dutch company that was recently
doing business in several countries. In Australia
this year, ING Direct was just bought out by a local
bank. Same thing just happened in Canada.
It is rumored, the same thing wikll happen shortly in the US.

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