Don’t let banks lose your money – do it yourself

[BrilloPad]

As a wise man nearly once said:

"If you owe the bank a million dollars you're in trouble. If the bank owes you a million dollars, the bank's not in trouble."

And if you owe the bank a billion dollars they are in trouble?

[NotAllThere]

I always thought it was

"If you owe the bank £5000 it's your problem. If you owe the bank £5,000,000 it's the banks problem".

I live and work in an economy that isn't driven by credit. My mortgate and most of my savings are with the Cantonal bank. So, though I've some savings with UBS. and no economy is an island, entire of itself, I'm sleeping fairly easily.

[Stan.goodvibes]

Me too. The nationwide has all my cash. I sleep easy.

I don't have any cash. I sleep easy as well.

[bobhope]

Gold + silver of course.

[rootsnall]

...but it isn't Santander that is guaranteeing the deposits

Santander own Abbey, and now B&B, I'm going to have to shuffle some of my money to keep under the £35K limit. Will there be enough banks left for DimPrawn to spread his million around ?

[DimPrawn]

Santander own Abbey, and now B&B, I'm going to have to shuffle some of my money to keep under the £35K limit. Will there be enough banks left for DimPrawn to spread his million around ?

It's getting tricky I can tell you. Damned curse being rich.