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one-week universal shut-down of the banking system

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reader
User ID: 515756
10/2/2008 11:34 AM
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one-week universal shut-down of the banking system
Quote

*** FLASH TRAFFFIC ** EXTREMELY URGENT ***

Reliable word that Bank of America branch managers just received a message via the U.S. Federal Reserve Wire system from the US Federal Reserve instructing them to "perhaps be ready for a one-week universal shut-down of the banking system", including access to checking accounts, savings accounts, credit cards and ATM's.

Reliable word also 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."


This raises the likelihood of a ONE WEEK LONG bank holiday coming soon.

It would be wise to have some cash around because checks, credit cards, CDs don't work when the banks are closed and it appears ATM's will be offline too. If you have CDs it might be worthwhile to cash them even though there is a penalty. If you have anything inside Safe Deposit Boxes in the bank that you may need, make certain you empty those safe deposit boxes tomorrow!

Additional word as of 8:08 PM EDT is that a silent run is taking place on many U.S. Banks with customers withdrawing huge amounts from all banks almost everyday. My source says that unless Congress comes through with a plan which will stop the silent run, Banks will be forced to close to stop the run.

The US Senate is voting tonight on a 400 page Bill to address the financial crisis and it is expected the US House of Representatives would take up the Senate Bill by Friday. If this new Bill is defeated the same way the last one was defeated, it is likely all US banks would be ordered to close as soon as ALL OF NEXT WEEK.

More details as they become available. . . . . .

UPDATE 9:00 PM EDT: The U.S. Senate HAS PASSED a 400 page Bill which must now also be passed by the House of Representatives. But passage is NOT guaranteed since it was the House of Representatives that killed the first bill.

Spread the word.

Posted by HalTurnerShow.com at 7:04 PM 15 comments
Anonymous Coward
User ID: 501302
10/2/2008 11:36 AM
Re: one-week universal shut-down of the banking systemQuote

four or five threads already started on this topic...

nobody has provided any further proof of this "rumor"
Anonymous Coward
User ID: 465375
10/2/2008 11:36 AM
Re: one-week universal shut-down of the banking systemQuote

20th time I've read this on here in 3 days.
Anonymous Coward
User ID: 2421
10/2/2008 11:37 AM
Re: one-week universal shut-down of the banking systemQuote

Are we trying to set a record for the most threads on the same subject?

Just sayin'.
Anonymous Coward
User ID: 515709
10/2/2008 11:38 AM
Re: one-week universal shut-down of the banking systemQuote

no one has been able to substantiate this rumor.
Anonymous Coward
User ID: 515776
10/2/2008 11:53 AM
Re: one-week universal shut-down of the banking systemQuote

"Posted by HalTurnerShow.com"

That's all I need to...

bsflag
baaaaah
User ID: 317540
10/2/2008 11:56 AM
Re: one-week universal shut-down of the banking systemQuote

Its a good way to wake up the flock....
tufffishsays
User ID: 516256
10/3/2008 12:11 AM
Re: one-week universal shut-down of the banking systemQuote

Its a good way to wake up the flock....
 Quoting: baaaaah 317540


It's a good way to incite a bank run at the worst possible time in the history of our nation. Treason
Anonymous Coward
User ID: 516261
10/3/2008 12:21 AM
Re: one-week universal shut-down of the banking systemQuote

"Posted by HalTurnerShow.com"

That's all I need to...

bsflag
 Quoting: Anonymous Coward 515776


You are a dumb fuck royal!

Just because that prick picked up on it doesn't mean it originated there. It's only been on twenty other threads with 5 or 6 other sources.
Phennommennonn Subscriber
The Queen Of Mean
User ID: 476887
10/3/2008 5:29 AM
Re: one-week universal shut-down of the banking systemQuote

hey op...better read this
The guy who started the rumor about the banks....was arrested.>>>>
[link to www.businessweek.com]


doesnt mean its directly related to boa...but might be related
bc the post on the net wasnt properly written. just review the original post on ticker forum/google/yahoo finance.
~Galatians 4:16
Am I therefore become your enemy, because I tell you the truth?

~“In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind -- too little food. Even today, the Soviet Union still cannot feed itself. . . . East and West do not distrust each other because we are armed; we are armed because we distrust each other. And our differences are not about weapons but about liberty. . . . The most fundamental distinction of all between East and West is that the totalitarian world produces backwardness because it does such violence to the spirit, thwarting the human impulse to create, to enjoy, to worship. The totalitarian world finds even symbols of love and of worship an affront.” Ronald Reagan

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