How much say does the average Joe have again?
"UBS has offered to buy CreditSuisse for up to $1 billion, and Swiss authorities plan to change the country’s laws to bypass a shareholder vote on the transaction as they rush to finalize a deal before Monday. "
Seriously!
January 5th, yep more proof is was planned...The real reason why depositors should worry about their bank.
My CDs are spread out over several different banks. They are Brokered CDs and was told each one is protected by FDIC. I just hope since they are Brokered through one firm that they are not clumped together in some way.Yeah, I have TD as well. I've spread it over as many platforms as possible. About all that can be done. What happens, happens...