Will Your Money Be Safe When the Next Crisis Hits?

Will Your Money Be Safe When the Next Crisis Hits?

By John Eberle, CFA®

Over the last four years, the American financial system has lost several of their largest financial firms. In the wake of multiple crises, it is important to consider, “what have I learned?” Failed financial firms have a couple of things in common:

• They make bad loans, and/or
• They make bad trades in their own account (proprietary trading)

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