The Speed of Cash

In these days of leverage, any interruption in the flow of cash can be disastrous.  Often, your bank’s signature card will include a statement whereby they have 30 days to respond to a cash withdrawal request.  Though they rarely exercise this stipulation, it does exist.  What would happen if you could not get to your cash for thirty days?  Selah!

MF Global claims the JP Morgan Chase slowed down their cash which helped move them into bankruptcy.  See http://finance.yahoo.com/news/mf-global-jpmorgan-again-center-002846254.html 

The strong get stronger, the weak fall by the wayside.  Be careful with your assets.

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