What will happen to my money if E*Trade declares bankruptcy ? I have a few bank account elsewhere, but the majority of my money is help in various E*trade accounts. This includes checking, savings, brokerage, and CDs. I'm aware that the money in the banking arm is FDIC insured, but what does that really mean? Is all of my money insured? Will it all go away if E*Trade goes under? Any sort of real world explanations and advice would be appreciated.

What will happen to my money if E*Trade declares bankruptcy ? I have a few bank account elsewhere, but the majority of my money is help in various E*trade accounts. This includes checking, savings, brokerage, and CDs. I'm aware that the money in the banking arm is FDIC insured, but what does that really mean? Is all of my money insured? Will it all go away if E*Trade goes under? Any sort of real world explanations and advice would be appreciated.

Forgiving or otherwise reducing Maw's debts? As a followup to this question , I've arrived at an effective financial mechanism to help me provide for Maw, however while evaluating her overall financial health I learned that she's acquired alarming (given her previous state of relatively low income) debts. Specifically, at 67 years of age she's never earned more than $18K, but somehow has managed to convince three lenders to front her some $20K in debt. I believe most of this is unsecured, but I haven't seen all the paperwork yet and as a further indication of Maw's lack of financial knowledge she has no idea herself. My current activities have been focused on migrating higher interest rate debt into lower rate facilities, but the final outcome is unsatisfactory even if I can get all of her debts into a secured vehicle.

I need help generating an 'explanation' for my bankruptcy 6 and 1/2 years ago that will not make me look financially incapable to a potential investor. Are there any 'good' explanations for filing bankruptcy that I could use in order to not have this fact work against me? I need potential circumstances that would warrant a bankruptcy and sound reasonable to a potential business partner. More inside... I filed bankruptcy 6 and 1/2 years ago as a financial move to alleviate large accumulated credit card bills that were too much of a burden to handle. It was a LONG time ago, and since I've been very financially capable and have saved over $50,000 while working for the company I've propelled into success. I'm not at all the same person I was when this occurred, but my credit is still marred from that era.

Since no feasible remedy remains, the 7th Circuit has affirmed district court approval of decisions of the bankruptcy court permitting United Airlines to terminate its pilots pension plan without a hearing to determine whether retired pilots should receive replacement benefits. [United Retired Pilots Benefit Protection Association v. United Airlines, No. 05-3121] An agreement (the "Letter [...]