Minding My Own Business

Not long ago I posted about the failure at IndyMac bank.  In that article I referred to both FDIC and NCUA insurance that protects depositors up to $100,000.  I’m doing OK with my investments, but I’m not sitting on cash that is greater than $100K, so FDIC/NCUA insurance easily covers my cash assets.
While that may [...]

If you haven’t heard by now, the Federal Government closed down IndyMac Bank late last week.  Most (dare I say all?) banks and credit unions insure depositors up to $100K with either the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA) and IndyMac was no exception.  Regardless of my confidence, [...]