Bank Failures: Protect Your Cash Now

Back in April, I called bank failures a "rare occurrence" that few of us, born after the Great Depression, worried about. It might be time for me to re-evaluate that description. Since April, eight more U.S. banks have failed for a total of 10 this year, and more failures are on the horizon as the industry copes with the consequences of loose lending standards and bad decision-making. The latest failure came Friday when the Federal Deposit Insurance Corporation seized control of Integrity...Full Story
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