Broad Oak Magazine

Two more US banks have just failed , bringing the total this year to 19: The FDIC estimates that through 2013 there will be about $40 billio...

I've said more than once, including in my latest letter to the Spectator, the notion that the East is going to suffer from the slump as ...

... Transfer all your money to National Savings and Investments. Their guarantee: "Backed by HM Treasury 100% secure National Savings a...

There's been much talk of keeping the balance in your bank account/s below the insured limit - but if you are cautious and want to prese...

Mish gives us a long list of bad news; the last item is, arguably, the worst: Of the $6.84 Trillion in bank deposits, the total cash on han...

Karl Denninger takes us back to basics about banks and "your money" (highlighting is mine): I want to talk about IndyMac for a bit...

Mish calculates the potential for disaster if depositors lose confidence: "FDIC Recap There is $6.84 Trillion in bank deposits. $2.60 T...

1. "total credit losses from subprime mortgages and other bad debts could reach a staggering $1.6 trillion" 2. " The FDIC ha...

A cautionary story from Michael Panzner here . An American nearly lost most/all of $400,000 deposited with his bank, despite taking great ca...

A very timely article from Financial Sense on the FDIC and its limitations. After reading this , UK depositors may not be so keen to replic...

"I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I—I withdraw my overdraft." ( Punch, June...

Mike Shedlock , in The Daily Reckoning Australia today, raises a point we should all consider - how far your cash deposits are protected by ...