Financial Crisis: Is Your Money Safe?

Read this Q&A article from Yahoo Finance and Kiplinger about the banking crisis.

It will give you some answers.

I know the FDIC insures your personal money in the bank up to $100,000.
But my question is: Who insures the insurer?

Hermione Granger, Money Wizard

Emma Watson, who plays Hermione Granger, in the Harry Potter movies, has turned 18 years old and come into possession of her earnings, reported to be more than 16.5 million pounds.

Watson along with Tom Felton, who plays Draco Malfoy, took a three-day course on how to manage their multi-millions.

According to Hello! Magazine, the course included meetings with private bankers, lessons on spending and budgeting, presentations by charity organizations, and a talk by a prominent PR agency on the importance of protecting one’s reputation.

If only our former child stars handled their wealth with such maturity. Britney Spears and Lindsey Lohan may have happier lives at the moment, instead of a laundry list of wrecked automobiles.

Good for you, Emma and Tom.