banks government guarantee, page-6

  1. 378 Posts.
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    not much said about the frozen funds on the news lately caused by the govt guarantee,
    know of 2 who have had their funds frozen cannot withdraw and watch their capital melt away
    ie 420000 to 180000
    and another who sold a house.. deposited the money in a well repected fund went on holiday came back.. cannot access money
    relying on son etc and had to get a job

    govt guarantee was for the banks not joe blow or else they would have made it for $150000 max.


    old story but still going on....

    http://www.news.com.au/business/story/0,27753,24557407-462,00.html


 
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