Where do you suggest they park all that USD $$$. Banks wont touch them. You can't just buy Treasuries, as that requires having banks. Even in a bank such a high

Where do you suggest they park all that USD $$$. Banks wont touch them. You can't just buy Treasuries, as that requires having banks. Even in a bank such a high balance is not FDIC insured, so what if there's theft/fraud/etc. Its not as trivial as it sounds, and eventually you'll end up needing to create what amounts to a bank.