CIB offices

soundboy101 · Postby **soundboy101** » February 2nd, 2009, 10:04 am

are they open today?

Postby **tr1ad** » February 2nd, 2009, 10:06 am

no...

soundboy101 · Postby **soundboy101** » February 2nd, 2009, 10:07 am

so how are people going to get their money

adri 2nr · Postby **adri 2nr** » February 2nd, 2009, 10:09 am

soundboy101 wrote:so how are people going to get their money

call patrick

Postby **tr1ad** » February 2nd, 2009, 10:09 am

what money?

you have to wait till the govt audits their books

douglaking · Postby **douglaking** » February 2nd, 2009, 10:11 am

Didn't FCB say that they will be handling the release of the funds and not to call them, they will send out the information when the time is right

So wait till September.

Trini_D · Postby **Trini_D** » February 2nd, 2009, 10:13 am

"Investors, many of whom had deposits at CIB worth millions of dollars, will be able to get back their money from next Monday. "

http://www.trinidadexpress.com/index.pl ... =161433012

hottgirl · Postby **hottgirl** » February 2nd, 2009, 10:14 am

yes, CIB Offices are open today as usual for business...at least that's what they saif over the weekend..there is a hotline number to call to get info, check the newspapers for the numbers.

soundboy101 · Postby **soundboy101** » February 2nd, 2009, 10:19 am

u sure i just spoke to a person from CL financial in POS, and he said the offices are closed, sinc FCB people are going through the systems

soundboy101 · Postby **soundboy101** » February 2nd, 2009, 10:20 am

whats the hotline

hottgirl · Postby **hottgirl** » February 2nd, 2009, 10:55 am

apparently CIB offices will not be open effective today...the hotline to call for info is 623-0241

Postby **tr1ad** » February 2nd, 2009, 11:00 am

didnt i say they closed?

noobie · Postby **noobie** » February 2nd, 2009, 11:11 am

Trini_D wrote:"Investors, many of whom had deposits at CIB worth millions of dollars, will be able to get back their money from next Monday. "

http://www.trinidadexpress.com/index.pl ... =161433012

Hope this is the only story that changes!

Postby **Notorious Scullman** » February 2nd, 2009, 11:19 am

soundboy101 wrote:so how are people going to get their money

Why do people "want to get their money"?

Postby **tr1ad** » February 2nd, 2009, 11:22 am

scully....crix tin bizness

Postby **eliteauto** » February 2nd, 2009, 12:50 pm

Notorious Scullman wrote:
soundboy101 wrote:so how are people going to get their money

Why do people "want to get their money"?

take the question right off my keyboard

Nasrallah · Postby **Nasrallah** » February 2nd, 2009, 12:58 pm

So if ppl do get their money..Where are they going to put it????

Its not like the other institutions are any safer..what they gonna put it overseas in America or Europe?? where it 'safe' ?

best bet is to leave it....

soundboy101 · Postby **soundboy101** » February 2nd, 2009, 1:09 pm

u have a few options, spread it over two or three banks, so that you dont go above the DIC, so the even they collapse your funds insured, or you can use it to buy up, tangible assets, land, do repairs on the house etc.

Postby **Notorious Scullman** » February 2nd, 2009, 2:01 pm

soundboy101 wrote:u have a few options, spread it over two or three banks, so that you dont go above the DIC, so the even they collapse your funds insured, or you can use it to buy up, tangible assets, land, do repairs on the house etc.

What makes you think local banks are going to collapse?
Have you heard of one collapsing?

Buying tangible assets while prices are still magnificently inflated is not smart.

If you're trying to imply that local banks are going to follow foreign institutions with the sub-prime mortgage BS scenario, I'll remind you of a basic loan procedure in local banks that did not exist in these foreign institutions, which is mandatory downpayments

sr20ve · Postby **sr20ve** » February 2nd, 2009, 2:37 pm

Best bet is to leave the money in the CIB/FCB the more people withdraw the more unstable it gets .....this is not a HCU situation its totatly differnt , so there is no need to panic and withdraw all your money becasue righ tnow its probably its in the safest place it could be unless you keeping it in your safe at home, or there is always under the mattress.

Postby **tr1ad** » February 2nd, 2009, 5:18 pm

everyone panic !!!!!!!!!!!!!!!!

we goin an lorse all we money!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

De Dragon · Postby **De Dragon** » February 2nd, 2009, 5:58 pm

Notorious Scullman wrote:
soundboy101 wrote:so how are people going to get their money

Why do people "want to get their money"?

Normal Trini knee jerk reaction. Look at what happened at HCU. Look at what happens everytime there is even a whiff of rumour that NP/Petrotrin striking

RASC · Postby **RASC** » February 2nd, 2009, 6:00 pm

Notorious Scullman wrote:
soundboy101 wrote:so how are people going to get their money

Why do people "want to get their money"?

Wondering same thing have I

JWT · Postby **JWT** » February 2nd, 2009, 6:04 pm

clico has not paid pensions out for like 3 months now
to date no one knows about the pension payouts.

I really shocked FCB bailing out people since they never turned any great profit for 3 yrs

TriniVdub · Postby **TriniVdub** » February 2nd, 2009, 6:52 pm

JWT hush yuh kant if u doh know nothing na.

Postby **tr1ad** » February 2nd, 2009, 6:57 pm

man do you actually kno their year end reports for the past three years

Postby **eliteauto** » February 2nd, 2009, 7:39 pm

Oh geeze

apple · Postby **apple** » February 2nd, 2009, 8:35 pm

I love tuner yes!!!

pugboy · Postby **pugboy** » February 2nd, 2009, 10:55 pm

well if my memory serves me correct,
people lost money in HCU and nobody bailed them out.

you think any person or their family/friends who had money in HCU and now have money in CL gonna leave it there ?
Think long and hard.

Now the central bank man gave the excuse that they didn't bail HCU because credit unions don't fall under their jurisdiction,
I wonder if CLICO credit union is gonna be part of the bailout package.

De Dragon wrote:
Notorious Scullman wrote:
soundboy101 wrote:so how are people going to get their money

Why do people "want to get their money"?
Normal Trini knee jerk reaction. Look at what happened at HCU. Look at what happens everytime there is even a whiff of rumour that NP/Petrotrin striking

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