CLARKONOMICS: It's rare that we get the Clarkonomics sounder twice in the same hour, but there's just so much economic news out there you need to know about. The federal government is gearing up for a wave of bank failures. The FDIC is now hiring people out of retirement who were around during the last wave of failures 20 years ago. They're the only ones who have any experience with how to handle the coming failures! Note that Clark said coming, not expected. There are many zombie banks out there that don't meet capital requirements; the government is just not ready to shut them down yet. So heed Clark's longstanding advice and do not put in excess of $100K in an account. Certain retirement accounts will allow you to go up to $250K. But be wary if a bank wants to take a deposit of more than $100K and says they'll just title your money differently. Go to FDIC.gov to verify any titling issues. Don't just take their word for it. Your best bet is to spread your money out. Try CDARS.com if you have more than $100K to stash away. Play it safe and smart!