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Vecchio 21-07-09, 18:01   #1 (permalink)
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gli USa eliminano il fondo di protezione per i conti correnti

IMPORTANT NOTICE
CHANGES TO YOUR E*TRADE U.S. BROKERAGE ACCOUNT

EFFECTIVE FROM 5TH AUGUST 2009

Dear Client,

E*TRADE Securities Limited is by means of this email notifying you that on Wednesday 5th August, the E*TRADE FINANCIAL Bank Sweep Accounts (“Sweep Accounts”) will no longer be available to you as an option for the uninvested cash in your U.S. brokerage account. On or about Wednesday 5th August 2009, if you have a Sweep Account, it will be cancelled and any cash will be transferred to your associated brokerage account and held as a Cash Balance at E*TRADE Clearing LLC.



You are not required to take any action to make this change occur. However, you can elect to reduce or eliminate your Cash Balance, which is held at E*TRADE Clearing LLC, by requesting that some or all of your Cash Balance is transferred to your nominated bank account (i.e., an account in your name at a third party bank). We remind you that at the time of placing an order in respect of a proposed securities transaction, you must have sufficient cleared funds in your account to enable that order to be processed.



PLEASE NOTE – CHANGES TO PROTECTIONS



Cash Balances are held by E*TRADE Clearing LLC, are not insured by the U.S. Federal Deposit Insurance Corporation (FDIC), and are not guaranteed deposits. Rather, Cash Balances are unsecured general obligations of E*TRADE Clearing LLC and are protected under SEC Rule 15c3-3 and by the Securities Investor Protection Corporation (SIPC). E*TRADE Clearing LLC is a securities broker-dealer and member of SIPC.



SIPC coverage protects brokerage customers against misappropriation or disappearance of cash or securities in the customer’s account at a broker-dealer firm during the bankruptcy of the broker- dealer, but does not protect against a decline in value of securities or other assets. If a broker-dealer is placed in liquidation, a SIPC designated trustee will ensure that what is owed to the customer is returned, within certain limits. Eligible customers who are owed cash and securities by a broker-dealer are protected up to $500,000, of which up to $100,000 may be used to satisfy any portion of a claim that is for cash only, including Cash Balances. Absent misappropriation or disappearance, SIPC protection would not be required because customers would be protected for the full amounts in their accounts. Additional information about SIPC protection is available upon request or at www.sipc.org

.



Please do NOT respond to this email as the inbox is not monitored. If you do have any questions, you can contact your local E*TRADE office directly. Contact details for the local offices are shown below. All times shown are local to the office.
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Vecchio 21-07-09, 18:10   #2 (permalink)
21/13
 
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Pesante questa--- Ma riguarda solo le banche virtuali? Fosse vero chi trattiene la gente dal bank run?
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Vecchio 21-07-09, 18:50   #3 (permalink)
The Horror of
 
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il titolo del thread è da denuncia
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Vecchio 21-07-09, 19:38   #4 (permalink)
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Dove l'hai presa questa notizia?
E' vero che dall'inizio dell'anno sono fallite 57 fra banche e banchette USA http://www.fdic.gov/bank/individual/.../banklist.html
che secondo il Financial Time ce ne sono a rischio altre e 500 http://www.ft.com/cms/s/0/79c47ffa-4...nclick_check=1
che la CIT Group sarebbe sull'orlo del fallimento http://www.swissinfo.ch/ita/rubriche...ti&positionT=2
che i fondi della FDIC sarebbero agli sgoccioli, ma a me sembra una mezza bufala.
Come giustamente fa notare goldstock, il bank run sarebbe quasi inevitabile (io me lo auguro da tempo), ma non credo che le grandi consorelle (JPM, Goldman e socie) correrebbero il rischio di lasciar svelare il trucco che le consente di essere troppo grandi per poter fallire.
Non volermene, ma non riesco a riscontrarla da nessun altra parte.
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Vecchio 21-07-09, 20:20   #5 (permalink)
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Cambia tanto...
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Vecchio 21-07-09, 20:47   #6 (permalink)
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mi sembra na boiata....e non trovo conferma da nessuna parte....
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Vecchio 21-07-09, 22:14   #7 (permalink)
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Citazione:
Originalmente inviato da Linusus83 Visualizza messaggio
mi sembra na boiata....e non trovo conferma da nessuna parte....
no, è che proprio il titolo del thread non c'entra nulla con ciò che ci sta scritto nel testo
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Vecchio 21-07-09, 23:46   #8 (permalink)
21/13
 
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Citazione:
CIT Group, which provides loans to almost a million small and medium size businesses, has to make a debt payment of $1 billion on Aug. 15. It doesn't have the resources to do so and has retained a major law firm to prepare for possible bankruptcy. Last Friday it was announced that Goldman Sachs and JPMorgan Chase had been appointed by the U.S. government to try to come up with a rescue package for CIT Group.

Why Goldman Sachs and JPMorgan Chase? Simple - the Federal Deposit Insurance Corporation may not have enough assets to bail out CIT. In fact, whether or not CIT goes under, several analysts now expect there will be enough bank failures over the next few weeks (added to the 53 bank failures in 2009 through July 10) that the FDIC will run out of assets by the end of August. Should this occur, I'm confident the federal government will find some way to shore up FDIC, since the alternative is to risk instant catastrophic bank runs in the United States.
http://www.numismaster.com/ta/numis/...ArticleId=7026
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