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amgentech

Thanks for the link. I've read that before which led me previously to the conviction that between FDIC and SIPC I had the Endowment covered. I cannot, however, ignore the statements of our own compliance department nor of the head trader.

My short-term decision is to convert money I don't want exposed to shares either into CDs or high-grade Corporate bonds (probably CDs as I think the bond world is bubblicious) which have an interest coverage ratio high enough and debt load low enough to meet my "crisis level" conservative approach. The CDs will be offered by smaller regional banks as I believe they will be "playing" the interest rate swap game less aggressively, if at all.

Thanks for your input.

Poz
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