Affirmation: I am the only one who knows just what is going on in my life, and all such choices are mine.
Mr. Dickie's Banking Report
Bank of America used bailout money to buy Merrill Lynch where we have a stock market account. So without even thinking about doing business with Bank of America we are.
Chevy Chase Bank, a local bank, was purchased by the rather shaky credit card company, Capitol One, again using bailout money.
This morning The Washington Post business section published an article announcing that yesterday the federal government seized our local Suburban Federal Savings Bank and then promptly sold it to another bank in Virginia. As luck would have it Melva has a CD in this bank which matures today, January 31, 2009.
It's hard to get your mind around what is happening.