Comments on: Should you open an FDIC-insured yuan bank account? http://blogs.reuters.com/felix-salmon/2011/01/12/should-you-open-an-fdic-insured-yuan-bank-account/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Chris_Gaun http://blogs.reuters.com/felix-salmon/2011/01/12/should-you-open-an-fdic-insured-yuan-bank-account/comment-page-1/#comment-23216 Sun, 16 Jan 2011 19:02:00 +0000 http://blogs.reuters.com/felix-salmon/?p=6908#comment-23216 Well I guess we now know that the WSJ reads your blog.

@Chris_Gaun
chrisgaun@gmail.com

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By: Latmano http://blogs.reuters.com/felix-salmon/2011/01/12/should-you-open-an-fdic-insured-yuan-bank-account/comment-page-1/#comment-23071 Wed, 12 Jan 2011 20:23:42 +0000 http://blogs.reuters.com/felix-salmon/?p=6908#comment-23071 This part poisons it for me:

L. Waiver of Jury. You waive the right to demand a trial by jury in connection with any litigation arising from or relating to this Agreement, BOCIBS, or the Online Services.

Any other rights we should give up for them?

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By: wolfy02 http://blogs.reuters.com/felix-salmon/2011/01/12/should-you-open-an-fdic-insured-yuan-bank-account/comment-page-1/#comment-23067 Wed, 12 Jan 2011 19:13:49 +0000 http://blogs.reuters.com/felix-salmon/?p=6908#comment-23067 Now please correct me if I’m wrong here, but doesn’t the ‘F’ in FDIC stand for Federal? Disregard if there was a misplaced memo where International and Federal were chosen to represent the same thing.

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By: najdorf http://blogs.reuters.com/felix-salmon/2011/01/12/should-you-open-an-fdic-insured-yuan-bank-account/comment-page-1/#comment-23066 Wed, 12 Jan 2011 19:12:56 +0000 http://blogs.reuters.com/felix-salmon/?p=6908#comment-23066 Felix, I’m a bit confused by why you think the average American is not capable of productively/safely investing in high-quality U.S. stocks like JNJ, GOOG or AAPL rather than buying an index fund or paying a manager, but you do think the average American should consider a zero-interest foreign currency denominated bank account in a currency controlled by a non-transparent autocratic government in a country they will likely never visit. Please let us know when you manage to reconcile these beliefs.

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