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January 2012

16
Jan
2012
Jon Ochoa

I lost my shirt in a Ponzi Scheme

I actually didn't lose my shirt, but I thought the title appropriate. 

A few years ago, I opened a bank account with a shiny new bank called Washington Mutual, it was a great bank, I used that account as my transfer account. Because of the interest rates associated with some of the online banks and since they were fairly new and I always like trying new things, it made more sense to keep my money in an online bank.