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MuMM: Make up My Mind!
MuMMs are polls which allow the fubar community to help you make up your mind! Please, no adult or inappropriate content!

Bank collapse
created @ 03/18/2008 08:57 pm
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The recent collapse of Bear Stearns bank in USA and Northern Rock bank in UK has shown that major banks can collapse without much warning. The savers were lucky: money in both these banks was protected by various government backed guarantee schemes. Now the mumm question......

Most of my money is in one account. Should I spread the money around several different accounts in different banks to minimise risk or just stop worrying and leave it as it is?
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