Don't Have Too Much Money In Any One Specific Bank Account Anywhere In The World

"If you're going to listen to government, you're going to go bankrupt very quickly. I, for one, am making sure I don't have too much money in any one specific bank account anywhere in the world, because now there is a precedent. The IMF has said 'sure, loot the bank accounts' the EU has said 'loot the bank accounts' so you can be sure that other countries when problems come, are going to say, 'well, it's condoned by the EU, it's condoned by the IMF, so let's do it too.'" - in CNBC

Related stocks: Banco Santander, S.A. (ADR) (NYSE:SAN), Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA), Intesa Sanpaolo SpA (BIT:ISP), Banca Monte dei Paschi di Siena SpA(BIT:BMPS), Banco Comercial Portugues SA(ELI:BCP), Banco BPI SA (ELI:BPI), National Bank of Greece (ADR)  (NYSE:NBG)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
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