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Mr. Peabody
Joined: 24 Sep 2010
Location: here
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 Posted: Tue Sep 20, 2011 3:51 am Post subject: |
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| T-J wrote: |
| ThingsComeAround wrote: |
| DaHu wrote: |
| haha anyone who puts money in a Tomato deserves what they get. |
Lets see how much you laugh when the bank you save at freezes for an audit. Tool. |
Tomato isn't a bank. That is the difference.
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Really?
They seem to think they are.
http://www.tomatobank.co.kr/eng/about/organization.asp |
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tideout
Joined: 12 Dec 2010
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| Posted: Tue Sep 20, 2011 5:00 am Post subject: |
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The Won is certainly taking a major hit this last week.
I've always banked with KEB in Korea for what it's worth.
I'm curious is anyone has seen broader articles on the banking issues here? My impression, if I'm remembering it correctly in the Korea Times, was that this was related to a a cluster of smaller savings & loan type banks? |
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Swampfox10mm
Joined: 24 Mar 2011
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| Posted: Tue Sep 20, 2011 6:27 am Post subject: |
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| Well, one nice thing about it is that at least Korea deals with the problem. We'd probably just bail them out and perpetuate the problem in the USA. |
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T-J
Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae
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| Posted: Tue Sep 20, 2011 7:27 am Post subject: |
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| Mr. Peabody wrote: |
| T-J wrote: |
| ThingsComeAround wrote: |
| DaHu wrote: |
| haha anyone who puts money in a Tomato deserves what they get. |
Lets see how much you laugh when the bank you save at freezes for an audit. Tool. |
Tomato isn't a bank. That is the difference.
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Really?
They seem to think they are.
http://www.tomatobank.co.kr/eng/about/organization.asp |
...and I'm sure you think banks (incorporated and non), credit unions, and S&Ls are all banks as well... Riddle me the difference between a 저축 은행 and an 은행 in Korea and then we can discuss risk benefit analysis. I await your reply....
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jeremysums
Joined: 08 Apr 2011
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| Posted: Tue Sep 20, 2011 12:34 pm Post subject: |
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Giving banks more money so they can cheat the hard working class is a bad idea. Did not fix u.s. mess, yet.
| Swampfox10mm wrote: |
| Well, one nice thing about it is that at least Korea deals with the problem. We'd probably just bail them out and perpetuate the problem in the USA. |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Tue Sep 20, 2011 3:39 pm Post subject: |
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| C'mon. It was named TOMATO Bank. There's something wrong with your judgement if you put money in a bank named after a rank smelling vegetable that hecklers throw, or that was once thought to be poisonous. |
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bobbybigfoot
Joined: 05 May 2007
Location: Seoul
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| Posted: Tue Sep 20, 2011 3:47 pm Post subject: |
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I have to admit I shook my head when I first saw "Tomato Bank". I found it hard to take them seriously. But that doesn't mean they weren't legit.
I have full confidence that the Korean government will intervene and put an end to this crisis. Then we'll see the won slowly regain its lost strength over the coming months. |
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Lazio
Joined: 15 Dec 2010
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| Posted: Tue Sep 20, 2011 4:22 pm Post subject: |
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| crescent wrote: |
| C'mon. It was named TOMATO Bank. There's something wrong with your judgement if you put money in a bank named after a rank smelling vegetable that hecklers throw, or that was once thought to be poisonous. |
+1
It's a very poor choice for a name. Good for a kimbop place but not for a bank (or investment bank)
I do feel for the ones who got some money there though.
Last edited by Lazio on Tue Sep 20, 2011 4:57 pm; edited 1 time in total |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Tue Sep 20, 2011 4:31 pm Post subject: |
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| Correction on it being a vegetable, though. It's a rank smelling fruit. |
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isitts
Joined: 25 Dec 2008
Location: Korea
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| Posted: Tue Sep 20, 2011 8:15 pm Post subject: |
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| bobbybigfoot wrote: |
| I have to admit I shook my head when I first saw "Tomato Bank". I found it hard to take them seriously. But that doesn't mean they weren't legit. |
Exactly. I just opened an account with Pie-In-Your-Face Bank.
| bobbybigfoot wrote: |
| I have full confidence that the Korean government will intervene and put an end to this crisis. Then we'll see the won slowly regain its lost strength over the coming months. |
 ...  wait, were you serious? |
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mellinger
Joined: 21 Jan 2007
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| Posted: Tue Sep 20, 2011 9:16 pm Post subject: |
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Also, just so everyone knows, I mentioned it in the other thread, Tomato 2 bank is still a legit bank and is still allowed to operate here in Korea. It's the main branch of Tomato Bank that is struggling.
Tomato 2 banks (Daejeon, Busan, Myeongdong, and Sonryeong) are still doing well. They are above the BIS necessary of 5%.
The even mentioned on the website that is the main Tomato Banks fail, that the Tomato 2 banks will still operate. |
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redaxe
Joined: 01 Dec 2008
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| Posted: Tue Sep 20, 2011 9:17 pm Post subject: |
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| Steelrails wrote: |
| Adam Carolla wrote: |
| Steelrails wrote: |
| Thankfully, I've put all my loot into Pork Bellies, Whale Oil, and Mules. |
Hate to break it to you, but pumpkins are the new gold. |
Well thank goodness I still have my holdings in 1000 Year-Reich Bank, Pinochet Vineyards, Kodak Film, and Netscape. |
lmfao this thread delivers |
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SMOE NSET
Joined: 25 Feb 2010
Location: Seoul
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ThingsComeAround
Joined: 07 Nov 2008
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| Posted: Sun Sep 25, 2011 4:57 pm Post subject: |
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I don't usually condone suicide but~
if only Wall street execs had the guts he did...
America might be able to restore confidence in the finance sector. |
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SMOE NSET
Joined: 25 Feb 2010
Location: Seoul
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| Posted: Sun Sep 25, 2011 5:32 pm Post subject: |
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ThingsComeAround:
Completely agree. Don't condone it but wouldn't mind if they did chose to leap. |
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