Are Your Bank Deposits Safe?

Bank-Fixed-Deposits Most people are not aware that the “Dodd-Frank Act” enacted in July, 2010 authorizes banks to confiscate depositor accounts in the event of another banking crisis! If you are not aware of the term “Bail-In” versus “Bail-Out” you should be! Are your bank deposits safe? Not as long as the provisions of Dodd-Frank allow your deposits to be used to bail-out (bail-in) failing banks. If nothing is . . . → Read More