Different kind of risk depending upon where you are.
There are safeguards in place, up to a certain limit, that does protect people in certain instances. For example, the money in banks up to a limit are covered by FDIC.
Of course, there was no protection against them taking the market and killing a lot of stock along the way.
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That is very true. Everything is a risk though. What happens if the FDIC goes bankrupt? Not probable, but it is possible.
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