What Happens When a Bank Fails and Getting Ahead of Tonight's Debate

Normally we highlight just one article, but today we're making an exception because as the markets hang in limbo waiting on Congress' incubation period for the Bailout Bill to end, we've gotten a number of question regarding what happens to people's accounts when a bank fails. It just so happens that CNN has an excellent explainer on this, and you can read it here.

What we want to highlight in order to push the ball forward is regarding tonight's debate (which was set to be solely on foreign policy).

Here's why you care: The New York Times has an analysis of how questions about the markets will likely play tonight in the debate. It is important, because as we always point out - markets are like in elections in that they are a game of expectations. The New York Times' analysis has helped set that bar, and how the candidates react tonight could easily impact the markets come Monday. Everybody will be watching - that's the point. We think better to be ahead of the curve, and this story helps get you there. After all, it's only your money and your future right?