The FDIC will cover your cash balance in your brokerage/investment account- but only if you signed up for an FDIC-insured cash account. If your cash balance is stored in a cash account as opposed to a money market account, the cash is stored in an account that counts as a savings account. This way, your cash balance can be insured by the FDIC while your invested amount is riding the Stock Market wave...
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
FDIC stands for Federal Deposit Insurance Corporation. The purpose of this is to provide "Deposit Insurance" which guarantees the safety of cash deposited in its member banks, currently upto US $ 250,000 per depositor per bank. Currently FDIC insures deposits at more than 7500 institutions in the USA. This is to ensure that customers do not lose out their hard earned money in case of bank failures or bankruptcy. You can protect your account by depositing your money with the banks that have the FDIC insurance on deposits
The FDIC currently guarantees checking and savings deposits in member banks up to $100,000 per depositor. Credit Union deposits are covered by the National Credit Union Administration. According to the FDIC, and in accordance with federal law, allowed claims are paid, after administrative expenses, in the following order of priority: * Depositors * General Unsecured Creditors * Subordinated Debt * Stockholders To file a claim, visit the following FDIC Web page and follow the insructions: http://www2.fdic.gov/starsmail/index.asp
Preferred stockholders take more risk than common stockholders.
Preferred stockholders have a greater claim on the assets and profits of a company compared to common stockholders. If a company is liquidated, preferred stockholders have to be paid first before the common stockholders.
The FDIC
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
Members of banks are guaranteed protection for their money
Members of banks are guaranteed protection for their money
Finance to developments
The Federal Deposit Insurance Corporation(FDIC) in the 1930's
The Federal Deposit Insurance Corporation(FDIC) in the 1930's.
provide protection of the people
FDIC stands for Federal Deposit Insurance Corporation. The purpose of this is to provide "Deposit Insurance" which guarantees the safety of cash deposited in its member banks, currently upto US $ 250,000 per depositor per bank. Currently FDIC insures deposits at more than 7500 institutions in the USA. This is to ensure that customers do not lose out their hard earned money in case of bank failures or bankruptcy. You can protect your account by depositing your money with the banks that have the FDIC insurance on deposits
The FDIC currently guarantees checking and savings deposits in member banks up to $100,000 per depositor. Credit Union deposits are covered by the National Credit Union Administration. According to the FDIC, and in accordance with federal law, allowed claims are paid, after administrative expenses, in the following order of priority: * Depositors * General Unsecured Creditors * Subordinated Debt * Stockholders To file a claim, visit the following FDIC Web page and follow the insructions: http://www2.fdic.gov/starsmail/index.asp
Preferred stockholders take more risk than common stockholders.
The majority of stockholders were present.