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How is a company with billions in cash reserves protected when the banks only insure up to $250K?

Submitted by on March 17, 2010 – 1:00 pmNo Replies


A web user asks, Does a company like Apple with billions of cash in reserve put their money in the bank when the bank only insures up to $250K, and if so how is that cash protected?

Can you help them out? Post your advice!

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