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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Chip McVickar who wrote (958)	10/29/1998 10:52:00 AM
From: Paul Berliner	Read Replies (3) of 3536

Of course the money won't disappear. The FDIC will back everything up, and if we all save our bank statements we'll be fine. HOWEVER, if I need to go to Waldbaums to feed my family and all Verifones are down for a few weeks then I'm in deep trouble if I didn't take the necessary precautions by withdrawing more cash than I'd normally need. Better safe than sorry is the key here. Again, if everything is fine I'll simply re-deposit the money on Monday 1/4, so what do I have to lose?

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