So this morning a coworker, who at various times claims to have been a big funds manager, claims to have an accounting degree, etc, asked me this morning if I was going to take my money out of the bank.
I said no, why would I.
She said because of the all the financial crisis I was going to lose it and that if it was her bank she'd take out all her money so she wouldn't lose it.
I told her my money was FDIC insured and I didn't have more than $100K in the bank to worry about. I went on to tell her it was attitudes like that that cause the panic and confusion in the first place, and causes more problems in the long run.
She just replied with "well I'd still have to take it all out"
Apparently Ms. Financial Mogul has no clue what FDIC insured means, nor does she "get" how a bank works. And it's only 8:20 in the morning.. I've got to deal with this all day long (it'll be one thing after another).
I'm sure you've all got at least one coworker like this... right?





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