[quote=jpinpb]After recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?[/quote]
Honestly, i think your good bets are.
1)BAC
2)Wells Fargo
3)Washington Mutual
You might be wondering about #3. But the reasoning goes along with
a) lightening doesn’t usually strike twice in the same space
b) or statistically, the safest airline to fly is the one that just had a disaster the day before (minus China Airlines, which has more than exceeded statistics by it’s own virtues)
BTW: i think the FDIC insurance was just raised to $250k.
