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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (77696)11/21/2007 6:23:28 PM
From: lifeisgood  Read Replies (1) of 94695
 
Most retail brokers have additional umbrella coverage that goes far beyond the 100K SIPC insures. Ameritrade, for example, insures accounts up to 150 Million with "excess" insurance (Lloyds of London I believe).

Of course if the whole world goes up in smoke, then the insurance probably won't be any good but in that case, neither will anything else.

best...

LIG
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