Re: How Does a Money Market Account Work?
[ QUOTE ]
theoretically, they could invest in anything they wanted though right? if they saw fit, they could pull all of that out tomorrow and put it in tomato futures?
[/ QUOTE ]
Not all, the FDIC would not go for that. They have requirements that you may have only a certain percantage of their capital (retained earnings mostly) in "risk based assets".
|