"No, last month I told you not to buy dollars. This month I am telling you not to wire money into Wachovia, because it is in FDIC receivership as of today." "I don't have an account at Wachovia." "Yes, but your money goes through it on the way to your bank."
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"You use GoLloyds and their intermediary bank, the one that charges you $10 per transfer, for North America is Wachovia. Which, FDIC receivership, so I don't know if money sent into it today would be safe, and I worry for you." "... How do you know who GoLloyds uses?"
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I get that it was a pretty crazy event. I remember seeing "lets cause a bank run" threads on 4chan. But I don't think remember a widespread feeling of doom, or "this is the new great depression"
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