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A corporation can hold t-bills and cash equivalents instead of relying on a bank account where the $250K FDIC limit will bite them. This notion that the $250K
by justin66 8mo ago
A corporation can hold t-bills and cash equivalents instead of relying on a bank account where the $250K FDIC limit will bite them.
This notion that the $250K FDIC insurance limit is an acceptable part of our system, except in cases where a bank fails and the depositors are... sympathetic? It's incredibly silly.