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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (282657)8/1/2002 11:20:45 AM
From: DavesM  Read Replies (1) | Respond to of 769670
 
re:"do you think Uncle Sam should come to the rescue and bail out all of my losses in excess of the insurance limits?"

Not your equity or other asset losses. But if your brokerage firm or mutual fund is in trouble, yes, I hope the government finds a way to keep depositors whole (even if that means a federal bail out). I bet a bank or brokerage firm's, really big accounts are probably from groups like State Employee Retirement Funds.