Anyone else had there money locked up? - Posted by Kayle Anderson

Posted by Rich-CA on September 29, 2008 at 10:33:08:

But if Federal regulators close a bank while they take over, do you even have access to your safety deposit box? Perhaps a good home safe would be better. Also a pump action shot gun and alarms to give you time to get the gun out and chamber a round.

Anyone else had there money locked up? - Posted by Kayle Anderson

Posted by Kayle Anderson on September 28, 2008 at 14:33:32:

Wow since Sept 16th I have had friends and family members
that can not move their money in the Reserve Money market
Fund at TD Ameritrade. The firm has stopped all sell orders
they tell the clients they are working on a solutions so
that the clients do not lose any money. 12 days and NO
access to funds…

Yep - Posted by Kenneth Hocking

Posted by Kenneth Hocking on September 28, 2008 at 21:23:56:

Same company but it is a specific MM Bond fund that is locked up everywhere… it is the one that Broke the BUCK back near the 16th… My agency says when trading resumes ameritrade is asking for permission to make clients whole if the market does not…

Interesting Times…

Safety deposit box anyone?

Re: Anyone else had there money locked up? - Posted by brandoncbsre

Posted by brandoncbsre on September 28, 2008 at 20:20:52:

I would think that with the governments move to insure money market funds they should have it taken care of soon.