Buffet said 8 percent of banks

[Johnnybags]

deposits have left within the last few weeks I believe. No wonder Bernanke is terrified. This bailout bill will do nothing if thats the truth.

 

[InThaBackGround]

Whats the source?

deposits have left within the last few weeks I believe. No wonder Bernanke is terrified. This bailout bill will do nothing if thats the truth.

Hi,

How much would that 8% be equal to? Where can I read more about this?

Thanks,

 

[tmosley]

Wow. That's really something. I'm surprised they aren't all closed yet.

 

[Johnnybags]

He was on CNBC interview

and sounded extremely nervous. It slipped out in a diatribe of why we need the bailout, err, rescue package. Looks like everyone ran to tbills.

 

[freelance]

deposits have left within the last few weeks I believe. No wonder Bernanke is terrified. This bailout bill will do nothing if thats the truth.

How come we haven't heard about this before now. I suspected that people have been withdrawing.

 

[Johnnybags]

The only ones that get that info

How come we haven't heard about this before now. I suspected that people have been withdrawing.

are elitists so they can plot,plan,pillage and plunder. Buffet is loaded with 20 percent investments now basically, pillaging those who are desperate.

 

[gaazn]

Why does buffett get briefings on the economic situation? Seems like a conflict of interest to me. Behind the grandfather looks, old school persona, and outdated glasses is a corporate raider, eager to contribute to and profit from the panic.

 

[ItsTime]

8% of $4.43 trillion as of March this year

edit: oops plus another 2.7 or 2.8 of uninsured deposits

 

[weatherbill]

hey, Warren Buffet is the man..... I'm following him to the paper grave!