Erich Riesenberg

How Safe Are Your Investments?

Wish this issue would get more attention.

From the Lehman press release: "In addition, fully paid securities of customers of Neuberger Berman are segregated from the assets of Lehman Brothers and are not subject to the claims of Lehman Brothers Holdings’ creditors."

How Safe Are Your Investments?

This is an interesting potential problem. I found this Treasury document which seems to state the same risk regarding street name assets. www.occ.treas.gov/ftp/... Search for the text SIPC to find a relevant paragraph. Great, another potential systemic shortfall to keep an eye on.