Buffett,You know what they say, he who panics first, panics...

  1. toolersmurf
    102 Posts.
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    18/09/08
    13:14
    Post #: 4282325
    Buffett,

    You know what they say, he who panics first, panics best.

    I am curious, what assurances do we have from the big 4 that our cash is safe? As far as I know we don't have FDIC like in the USA but I guess there is an implicit government backstop?

    Thanks for any knowledge you might have - this is scary stuff.
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    lightbulb Created with Sketch.  Great analysis
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