Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: ild who wrote (250658)	8/9/2003 8:13:16 AM
From: orkrious	Read Replies (2) of 436258

I decided not to fund my new IB account. I'm going to stick with Harris. Even though IB had insurance, I am concerned about cash balances above 100k. You never know if the insurance company will be able to make good in a meltdown. At Harris, at least I can buy tbills. I'll be first in line at IB the day they allow you to buy tbills. Then this a.m. I see this: nytimes.com To Insurers, a Long, Free Ride Is Looking Risky... But the three insurers who offer the policies — the Travelers Property Casualty Corporation, the American International Group and Radian Asset Assurance — say they are getting out of the business To bad RDN is getting out. I'm short and I'd rather they lose their ass <g>

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