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"The conservatorship of these corporate credit unions does not have an operational impact to BECU because BECU does not utilize either US Central Federal Credit Union or Western Corporate Federal Credit Union for any member related activities." Nice & simple. (But with a link to a PDF? Srsly?)
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"If you didn’t know any better, you’d think we were a sitcom waiting to happen. […] Unfortunately, none of this is exactly true. If you want to get the story right, the article’s more colorful details deserve a reality check." d'oh!
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serious inside baseball, but good reading.
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more of a tactical take from the CU side.
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CNN tells folks to chill (TF) out.
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I like this description: "companies that provide critical banking services to the credit union industry"
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saving a bunch of articles about the corporate CU conservatorship thing.
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A little bit "get off my lawn" but some reasonable points nonetheless. (Winer is a goof, Johnson is hand-wavey about the money, and Shirky shrugs about WTF is actually gonna happen. Which, oddly, may be the more important contribution to the debate, esp the references re: early years of printing.)