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Friday, December 07, 2007

Hot Topic for Investors

In my most recent Barron’s column, which will appear here tomorrow, I concluded with the following query:

OUR 13TH ANNUAL REVIEW of online brokers is coming up. What’s most important to you these days as you consider opening—or moving additional money to—an online brokerage account? Let us know at

So far, the overwhelming majority—about 3/4 of the 100 or so responses to date—has been, “How safe is my money?” Today I queried most of my broker contacts as follows:

Given the interesting events at E*Trade recently, I’m asking my broker contacts to comment on the following.  I’m turning in another column very soon (by noon Monday) so I’d appreciate a quick turnaround—and apologize in advance for rushing you.

I have to write about how safe one’s investments are at various brokers soon, in light of the mess at E*Trade.  Can you get me a comment regarding your firm’s excess SIPC/FDIC coverage, and the safety of an investor’s money at the firm?  What would happen to an investor with $1 million invested in stocks and options with you if, for some horrible reason, the bottom fell out tomorrow and you guys went bankrupt? 

The responses are coming in, and will be in my next column, which will appear a week from tomorrow. 

Posted by twcarey on 12/07 at 02:04 PM
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Monday, December 03, 2007

More for your Listening Pleasure

This is a very poorly shot video of my daughter Kate (in the middle, singing soprano/lead) and two of her friends performing at my in-laws’ 60th wedding anniversary party.  They are singing the song, “The Shape I Found You In,” written in 2002 by a group called Girlyman.  The a capella arrangement was written by the very talented young lady singing alto, Beth, on the right-hand side of the trio.  The performance took place on November 21.  In the background you can see a slide show made up of photos from the 65 years my in-laws have been an item; my 10-year-old niece Kristen put that together. 

“Shape” is actually a very sad love song the way GM performs it, but Kate and her pals picked up the tempo and made it a bit more cheerful.  My in-laws loved it; my mother-in-law (who you can see briefly at the end of the song) is still talking about this performance. 


Posted by twcarey on 12/03 at 03:09 PM
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