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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77696)11/21/2007 5:10:05 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Again, protected, but there is a limit of $500,000 for
securities account, and $100,000 for securities account cash.
So, even the
grizzliest bears will likely not celebrate the BK. Here is
the bad news today, maybe that's what stopped the rally.

Message 24075257



To: GROUND ZERO™ who wrote (77696)11/21/2007 6:23:28 PM
From: lifeisgood  Read Replies (1) | Respond to 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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