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	<title>Millionaire or Bust &#187; FDIC</title>
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	<link>http://www.millionaireorbust.com</link>
	<description>teaching you how to think about your finances</description>
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	<managingEditor>david@millionaireorbust.com (Flying Squirrel Media)</managingEditor>
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	<category>personal finance</category>
	<ttl>1440</ttl>
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		<title>Millionaire or Bust</title>
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	<itunes:subtitle>teaching you how to think about your finances</itunes:subtitle>
	<itunes:summary>teaching you how to think about your finances</itunes:summary>
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	<itunes:author>Flying Squirrel Media</itunes:author>
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		<title>MOB #52 &#8211; Bailout Proposal, Bank Purchases &amp; Market Implosion</title>
		<link>http://www.millionaireorbust.com/archives/mob0052/</link>
		<comments>http://www.millionaireorbust.com/archives/mob0052/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 09:20:17 +0000</pubDate>
		<dc:creator>David van Sunder</dc:creator>
				<category><![CDATA[podcasts]]></category>
		<category><![CDATA[Bailout Proposal]]></category>
		<category><![CDATA[Bank Failure]]></category>
		<category><![CDATA[DJIA]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Stock Market]]></category>

		<guid isPermaLink="false">http://www.millionaireorbust.com/?p=75</guid>
		<description><![CDATA[This episode of Millionaire or Bust is our midweek short episode. I cover the status of the United States government&#8217;s bailout proposal, the purchase or nationalization of several banks world-wide and the market implosion on Monday. I take a moment to put the DJIA&#8217;s Monday 777 point drop in perspective. It was the 17th largest [...]]]></description>
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		<itunes:duration>0:06:30</itunes:duration>
		<itunes:subtitle>This episode of Millionaire or Bust is our midweek short episode.  I cover the status of the United States government&#8217;s bailout proposal, the purchase or nationalization of several banks world-wide and the market implosion on Monday.

I take a[...]</itunes:subtitle>
		<itunes:summary>This episode of Millionaire or Bust is our midweek short episode.  I cover the status of the United States government&#8217;s bailout proposal, the purchase or nationalization of several banks world-wide and the market implosion on Monday.

I take a moment to put the DJIA&#8217;s Monday 777 point drop in perspective. It was the 17th largest drop in percentage terms.  Here&#8217;s a list of the largest daily DJIA percentage losses in history.
With all this turmoil, you might be wondering what will happen to your accounts. If you&#8217;re with Washington Mutual and want to know what the bank failure and purchase by JP Morgan means to you, you can check out the FDIC&#8217;s FAQ. 
If you&#8217;re not with Washington Mutual and you have any questions about what will happen if your bank fails, the FDIC has a more general bank failure FAQ for you as well.
For a more detailed account of what happened this week, catch our Monday episode when we have more time to go into depth. Thank you all for listening.</itunes:summary>
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		<itunes:author>Flying Squirrel Media</itunes:author>
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		<title>MOB #40 &#8211; Bank Fears, Iranian Oil &amp; Feedback</title>
		<link>http://www.millionaireorbust.com/archives/mob0040/</link>
		<comments>http://www.millionaireorbust.com/archives/mob0040/#comments</comments>
		<pubDate>Wed, 30 Jul 2008 21:00:03 +0000</pubDate>
		<dc:creator>David van Sunder</dc:creator>
				<category><![CDATA[podcasts]]></category>
		<category><![CDATA[Bank Closures]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Credit Unions]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Feedback]]></category>
		<category><![CDATA[Fuel Economy]]></category>
		<category><![CDATA[NCUA]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://www.millionaireorbust.com/?p=62</guid>
		<description><![CDATA[Gas Price Update: $4.279 We talk briefly about a possible US Resolution that is in both the Senate (SR580) and the House (HR362) to Blockade Iran and the possible effect that a blockade would have on prices. Then we get into the meat of the show discussing how a bank closure might affect your personal [...]]]></description>
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		<itunes:duration>0:24:14</itunes:duration>
		<itunes:subtitle>Gas Price Update: $4.279
We talk briefly about a possible US Resolution that is in both the Senate (SR580) and the House (HR362) to Blockade Iran and the possible effect that a blockade would have on prices.
Then we get into the meat of the show dis[...]</itunes:subtitle>
		<itunes:summary>Gas Price Update: $4.279
We talk briefly about a possible US Resolution that is in both the Senate (SR580) and the House (HR362) to Blockade Iran and the possible effect that a blockade would have on prices.
Then we get into the meat of the show discussing how a bank closure might affect your personal finances and look at how much of your money is insured against loss by the government.

To find out more about how your money is protected check out:
For banks: FDIC insurance info
For credit unions:  NCUA insurance info
You can also calculate how much of your money is insured in a bank by using the FDIC&#8217;s online Electronic Deposit Insurance Estimator
Then we jump into some email feedback from Mike from Vancouver, BC. He had an in depth question regarding financial priorities while preparing for a baby possibly in the next year.
Then we received some voice mail feedback from an anonymous caller from Parts Unknown with a concern about our intro music. We&#8217;re looking into replacing the intro music, so if anyone has a good replacement that is free to use or can be obtained for a reasonable fee, please let us know.</itunes:summary>
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