Q: As you probably know Lehman Brothers collapsed but anyway I want to know what banks do you think will be next cause I been hearing folks saying all day they taking they money out there bank and storing it at home and I wanna know who do you think is next to flop cause I might take my money out as well.
A: There is no way that you can lose money that you have in a bank as long as it is under the FDIC insurable limit ($100,000 for regular accounts). It does not matter if your money was with Lehman Brothers or any other bank that is in trouble. The government will protect your money. If you have more than the insurable limit you may only receive a certain percentage of the amount above the limit.