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| I tried putting it under the mattress, but these Swiss beds means it just falls on the floor  Actually, I have a CS account too.
The UBS account is under the guaranteed limit, but I worry about how long the Swiss govt will take to pay out the guaranteed amounts. I wonder if I will be able to pay my bills in the meantime. | |
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The questions are the litmus test of these sorry times.
Deposit your $$$ w/ Raiffeisen. It's a Cooperative bank and they don't take any of the stupid risks that UBS + CS took.
BTW and FWIW I do not work for Raiffeisen - it's just that in these recent months I have taken to like this little stodgy provincial (at least down here) bank. It's the lifeline to the local economy, funded by locals, managed by locals. You can always count on them to extend a couple hundred for a small public event, and their mortgage rates are fair.
BTW a video comment on FT.com suggested that the banks of the future will be more of the "raiffeisen" variety and less Gordon Gekko fiefdoms...
Food for thought.
Paul