Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at Palm Beach Research Group that we found particularly interesting. We urge you to continue reading. Dear Reader, If you have any money in the bank, please pay close attention to what this man below has to say... He's a former vice resident of a major U.S. investment bank... And he's discussing a new banking rule that could impact 234 million Americans, maybe even you. Click here to see the details of this developing story... Yahoo Finance called it a "landmark decision" that could lead to "major shifts." Financial industry expert Seamus Donoghue called it "a complete game-changer." And Morgan Stanley economist Chetan Ahya said "a regime shift is underway." This has nothing to do with a bank run or major bank failures. The FDIC insurance protects you against those risks up to $250,000. What this man is talking about is far more sinister... Because it's something that will impact ALL bank accounts in the U.S... And it's NOT covered by the FDIC insurance. Click here for the details. Regards, Chaka Ferguson Managing Editor, Palm Beach Research Group |
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