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To: Bill/WA who wrote (84945)	3/23/2001 10:08:55 PM
From: NucTrader	Read Replies (1) \| Respond to of 436258

>>my local bank << You raise a good point, but fact of the matter is: neither the FDIC or the SIPC have the funds to bail out big time redemptions. The ? then becomes: Is my money safer at a big broker such as Charles Schwab in a TREASURY MONEY MARKET, or is safer in a CD in my local bank? ( keeping in mind many went bankrupt in the depression who didn't own stocks - their local banks went belly up.) Obviously, if your local bank and no others get into trouble, you're golden, but that probably won't be the scenario.....BTW - I don't pretend to know the correct answer here.