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re: How will BR/LSU/TAF handle the Stanford crisis?

Posted on 2/19/09 at 9:03 pm to
Posted by TippyTiger
Member since Jul 2008
321 posts
Posted on 2/19/09 at 9:03 pm to
Really this sucks for Baton Rouge but the economy going in the tank is much worse. Everyone will have to deal with these types things for a year or two.
Stafford is not the first or last causality some will be fraud others will just be poor management.
LSU will not be at greater disadvantage than a lot of other places. Louisiana economy while not good is in much better shape than most of the country.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425279 posts
Posted on 2/19/09 at 9:05 pm to
quote:

Stafford is not the first or last causality some will be fraud others will just be poor management.

the thing is everyone will already face exposure to massive losses due to the economic/financial situation of america

this is major losses ON TOP of that
Posted by TippyTiger
Member since Jul 2008
321 posts
Posted on 2/19/09 at 9:07 pm to
Sipc insurance covers account holders just like FDIC insurance will for the Cd's that where sold up to 250,000. Some big fish will be fried but you will be shocked to find out big fish are usually told to get their money out earlier than joe blow.
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