Glint participants should consider themselves lucky that this happened in good times. Imagine standing in a Northern Rock-like queue of non-preferential suckers trying to get their money back. Good luck with that when multiple SIFI's go belly-up. FDIC, FSCS or however they may call it... designed to give the masses a false sense of security. I'll keep my PM's near to me TYVM, under my mattress so to speak.