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SAN FRANCISCO (Source: By Andrea Coombes, MarketWatch) — The raucous debate in Washington over raising the U.S. debt limit has raised fears about a possible shock to the financial system. That makes it a good time to review your savings accounts and other bank deposits to make sure the cash stashed there is as protected as possible.If lawmakers fail to hike the debt ceiling, and the U.S. defaults on its debt, you may need to start worrying about the safety of your bank deposits — eventually.
Source: By Andrea Coombes, MarketWatch
July 31, 2011, 5:17 p.m. EDT
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