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Old 01-17-2005, 09:57 AM  
Karupted Charles
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Join Date: Jul 2001
Location: MI
Posts: 1,662
Quote:
Originally Posted by Wiggles
banks have insurance, never lose money.

LOL as a x-Broker I can tell you your bank has 100,000 in Sipic insurance. If they get robed your account is only guranteed up to 100,000. This is only US banks i do not know what country you are in. You need to take out extra insurance or look into special accounts with higher guranteed protection.
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