Financial Times FT.com

Is your money safe in their hands?

By Len Costa

Published: July 19 2008 04:59 | Last updated: July 19 2008 04:59

What can a brokerage or trust bank do with the assets they hold on your behalf? And how safe are they?

During most of the decade preceding this year’s collapse of Bear Stearns into the arms of JPMorgan Chase and the seizure of IndyMac by federal regulators, wealthy Americans did not spend much time worrying about such questions.

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