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#824 Up↑ /34 Down↓ [Report] 2009-11-15 17:35 EST
// Discussing the Federal Deposit Insurance Corporation
Ms. Weissman: So the government will pay you back your money if the bank you deposited it at fails, but only at most $100,000 for each bank.
Ms. Weismann: That's why I always put only $100,000 in one bank, and then go to another to put in my next $100,000, and then another one for the next $100,000...