Quote:
Originally Posted by NJSPEEDER
It won't matter to the average account holder if they go under because your money still exists and will be bought up by whoever the next bank coming along is. The way things are going either Bank of America or TD will buy out the account holdings and assume the debt since they are the only two with substantial retained earnings in the last year. I would say TD is the more likely since Bank of America has been on a spending spree in the last 6 months, gobbling up 2 or 3 more smaller regional banks and buying into some investment companies.
|
Yea, I'm sure somebody will buy them out. TD also just bought Commerce.