Yee Haw, It's a Bank Run 2.0!

Mon Sep 17, 2007 11:48PM EDT

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The housing price crisis has led to more than its share of troubles in the U.S., but those issues are now spreading worldwide. The latest casualty is the UK, which is starting to see the first effects of our poor business decisions.

All eyes are now focused on Northern Rock bank, a major British institution that has recently been under fire by customers trying to withdraw their money, they fear, before the bank goes under. The catch? While Northern Rock has its share of people lined up around corners waiting for their turn in front of a teller, many customers have online-only accounts that simply can't be accessed physically. Rather, they have to use Northern Rock's website to get to their cash... and, of course, that website has been down due to the crush of traffic from people who want their money.

Northern Rock says everything is fine, that your money is safe, and that the web difficulties are a mere technical hiccup. That isn't sitting well with people who have followed Northern Rock's provisions regarding account access for years, only to face an impossible task while trying to get to their funds when the chips are down.

I've recently raved about online savings accounts, but these troubles are an important caveat to consider, particularly if your region doesn't have a system for guaranteeing the security of deposits, the way the FDIC insures funds for American investors. Something to consider especially if you're trying to hedge against a falling dollar with an overseas bank account.

Comments on 4th of July fireworks photography tips

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  • 1 Posted by pb_enial on Wed Jun 24, 2009 5:15PM EDT Report Abuse

    Thanks for the tip. Just bought a Canon A480.

  • 2 Posted by alexgannis on Wed Jun 24, 2009 7:45PM EDT Report Abuse

    You're 100% correct thanks, I made some great shot last year on my Canon 40D ISO 100 bulb setting. bulb is not a fla----- s a setting in pro camera manuel mode.

  • 3 Posted by lubbcraig on Thu Jun 25, 2009 7:17AM EDT Report Abuse

    i guess this is a yearly post for you eh? XD

  • 4 Posted by rogueist on Thu Jun 25, 2009 9:20AM EDT Report Abuse

    You forgot the most important tip - dont stand over the fireworks expecting to catch a firecracker (or M80) exploding on the ground, or a bottle rocket or roman candle as they launch.

  • 5 Posted by gullwingdoors on Thu Jun 25, 2009 10:13AM EDT Report Abuse

    Good article. I think I'll try some of this stuff with my A590IS. Another tip for those whose camera does not have those settings, if it is a Cannon, try the CHDK firmware. http://chdk.wikia.com/wiki/CHDK It adds a ton of extra features including the ones mentioned in this article (rapid fire, long exposures, etc).

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