Safe Haven, in case of "Run on the Bank"?

Discussion in 'Economics' started by TradStSOX, Mar 14, 2008.

  1. Daal

    Daal

    wells fargo
     
    #11     Mar 14, 2008
  2. poyayan

    poyayan

    Amen to that.
     
    #12     Mar 14, 2008
  3. poyayan

    poyayan

    In that case, open multiple accounts with different big FDIC insured banks. FDIC insured $100k for each person in each bank.

    If that is too cumbersome, somehow I think HSBC is quite safe given that they blew the whistle first and they are also the 1st one to take SIV in and write them down.
     
    #13     Mar 14, 2008
  4. loik

    loik