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If you want your funds 100% (or almost 100%) secured, keep them under your pillow.

by Andrey Pavlov

 

Yes, we live in America and yes, we have the most resilient and safest financial system in the world, but please do not hand your money to a 3rd party and be certain nothing will happen to it. The only reason you can go to Chase and withdraw funds from your checking account is because the funds that you have deposited with the bank sometime before are working for the bank [...]

May 11th, 2012 | Tags: Andrey, Bank Money, Bets, Cheaters, Checking Account, Crash, Cross Hedge, Damage Control, Dimon, Economics, Finance, Good Job, Hype, Lehman, Losses, Mf, Participants, Pavlov, Wall Street, Yep | Category: All | Leave a comment


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