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re: Is it a good idea to keep 123 million in one checking account?

Posted on 3/13/14 at 10:07 am to
Posted by O
Mandeville
Member since Oct 2011
6479 posts
Posted on 3/13/14 at 10:07 am to
quote:

The FDIC protects deposits up to $100,000


The FDIC now protects up to $250,000. That extra $150k doesn't do a whole lot of good if the bank goes belly up & he loses $100m+
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