Relevant:
- Credit Lines Dry Up, Homeowners In Withdrawal
- Credit Union Pays Savers to Close Their Accounts; Deposit Insurance Makes Saving Accounts a Losing Proposition for Banks
- FED Freaks Over Lehman Credit Lines - Credit Suisse Denies Rumors
- Morgan Stanley Said to Freeze Home-Equity Credit Withdrawals
- H&R Block taps bank credit lines, slapped by ISS
2008-03-26 — blogspot.com
``Ben Franklin is wrong. Credit is not money. Credit is credit. Nina in fact proves why credit is not money. Credit lines can be withdrawn while cash in the bank (below the FDIC limit) is cash in the bank.''
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