FDIC

Tracy O / flickr.com

If you think the money in your money-market mutual fund is as safe as the cash in an FDIC insured bank account, think again.

Although money funds have been very safe investments in the past, there's always the possibility they could drop in value or "break the buck".

Federal regulators are considering new rules that could impact the cash you park in money-market funds. But it looks like the targets at this point are funds catering only to corporations and other large institutional investors.

Kerry Lammert / Flickr

J.P. Morgan Chase’s recent multi-billion dollar trading loss has knocked the bank far down the list of world’s most respected companies, according to the financial magazine Barron’s.  

That just adds to the company’s already tarnished reputation in the Northwest because of the way it took over Washington Mutual in a fire sale during the darkest days of the financial crisis in 2008. And that animosity is warranted, one expert says.

Cliff Owen / AP

Federal bank regulators have sued three former top executives of Washington Mutual (WaMu), the biggest U.S. bank ever to fail, accusing them of negligence in allowing risky mortgage lending and seeking $900 million in damages.