Bank Solvency and FDIC Worries

[34f3f3f]

So, any thoughts about putting the cash with the big brokerage houses?

I phoned Bear Stearns and TDA and cash is covered by to $100k funds by SIPC to $500k.

[34f3f3f]

I just saw an article that listed European banks that are exposed to the subprime mortage.

Where did you see this please, or what were the banks? The small European banks are more vulnerable, and Germany and Italy have dodgy track records. If they can’t or won’t give a break down of their exposure to the subprime market direct or indirect, I’d move my funds. European banks may not have as much direct exposure, but then as far as I know they don’t have FDIC insurance. Therefore, it’s difficult to know whether to leave funds in Europe or move them over here.

[34f3f3f]

I just saw an article that listed European banks that are exposed to the subprime mortage.

Where did you see this please, or what were the banks? The small European banks are more vulnerable, and Germany and Italy have dodgy track records. If they can’t or won’t give a break down of their exposure to the subprime market direct or indirect, I’d move my funds. European banks may not have as much direct exposure, but then as far as I know they don’t have FDIC insurance. Therefore, it’s difficult to know whether to leave funds in Europe or move them over here.

[34f3f3f]

I just saw an article that listed European banks that are exposed to the subprime mortage.

Where did you see this please, or what were the banks? The small European banks are more vulnerable, and Germany and Italy have dodgy track records. If they can’t or won’t give a break down of their exposure to the subprime market direct or indirect, I’d move my funds. European banks may not have as much direct exposure, but then as far as I know they don’t have FDIC insurance. Therefore, it’s difficult to know whether to leave funds in Europe or move them over here.

[lniles]

NCUA now insures credit union IRA accounts to $250k, and this insurance is separate from your other accounts. So if you have $250k in an IRA with SDCCU and another account with $100k, you are covered for both.

http://www.ncua.gov/ShareInsurance/SpecialBulletin.pdf

[lniles]

NCUA now insures credit union IRA accounts to $250k, and this insurance is separate from your other accounts. So if you have $250k in an IRA with SDCCU and another account with $100k, you are covered for both.

http://www.ncua.gov/ShareInsurance/SpecialBulletin.pdf

[lniles]

NCUA now insures credit union IRA accounts to $250k, and this insurance is separate from your other accounts. So if you have $250k in an IRA with SDCCU and another account with $100k, you are covered for both.

http://www.ncua.gov/ShareInsurance/SpecialBulletin.pdf

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

qwerty007, “A Growing Problem” International Herald Tribune. Published in the Business Section. August 10, 2007. Reuters. Sorry…do not know how to link it!!

[Anonymous]

Will try to link it:

http://www.iht.com/articles/2007/08/10/business/10banklist.php

[Anonymous]

Will try to link it:

http://www.iht.com/articles/2007/08/10/business/10banklist.php

[Author]

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