10 replies to this topic

[kaiser soze]

Most brokerage accounts are protected by SIPC not FDIC.

I think that risk is still far away. We are traders, we are close to the action, so we freak out before everybody else. Thats a good thing.

Nor are these fears completely baseless. Look at China. They fear a run on their banks after a 1929 style crash. So they're trying to be proactive.