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Old 12-16-2005, 09:34 PM
Uglyowl Uglyowl is offline
Join Date: Nov 2002
Posts: 66
Default Re: How Does a Money Market Account Work?

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?

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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".
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