Gyroscopic Investing

Posted: **Sun Jan 27, 2013 1:27 pm**

what to make of this?

http://www.bloomberg.com/news/2013-01-2 ... pport.html

Posted: **Sun Jan 27, 2013 2:02 pm**

My take: this illustrates one reason why FDIC-insured accounts, or similar, are not equivalent to true T-bills or T-bill MMFs. The government can change the insurance policies at the stroke of a pen.

Gyroscopic Investing

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u-s-deposits-post-biggest-drop-since-9-11-as-fdic-ends-support

Re: u-s-deposits-post-biggest-drop-since-9-11-as-fdic-ends-support