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They do not "take all the risk". In fact, they have none of the risk. If your money disappears, you can only recover $250K through FDIC insurance. For the rest
by bufferoverflow 6y ago
They do not "take all the risk". In fact, they have none of the risk. If your money disappears, you can only recover $250K through FDIC insurance. For the rest you will have to get into a lengthy legal battle with the bank.