Google Wallet Funds to Be FDIC Insured

Sounds like you have an issue with that. If you don't like it you still have the option of keeping your own money in your own bank and earning interest on it yourself.

If it wasn't insured I bet you would take issue with that too. These companies...
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That's INCREDIBLY unlikely right now. Banks can borrow from the Fed at essentially no cost, which is why interest rates have been driven down to practically nothing on deposits. As someone who has to find banks to place CD's for a non-profit organiz...
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