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Should I Start Pulling My Money Out Of Bdo?


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should I?

 

I don't want to start a bank run or anything but people have been saying that the Lehman collapse is one thing to be mindful of especially when dealing with BDO.

 

as of the moment though, i'm still staying put, because I read somewhere that Lehman (or at least the investment bank) was being bought by Barclay's of London so it won't be a total collapse.

 

But I want to hear what the experts say..

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BDO's total exposure to Lehman is $134million topping 6 other RP banks...that's peanuts to Taipan H. Sy, but reason to make him jittery IF his market base becomes more nervous than he is and over-reacts. Panic is not the order of the day, but BSP must step in to stave off any more fears in the stability of the banking system.

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