Consumer Smarts: Your money is protected in various ways

by angelroberts » Wed Jul 23, 2008 07:44 am

With the recent failure of IndyMac, many consumers are wondering when the next bank will go belly up

Total Comments: 1

Posted: Thu Jul 24, 2008 02:17 am Post Subject: banks

It seems like all we hear now is the most 'famous' and popular banks are going 'belly-up'..........another company buying them out, etc. So..I ask...if we are saving for IRA's and 401 (K)'s, what will happen if this economy gets any worse? are we just saving for...nothing? Not even enough for a 'rainy day'?

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