FDIC insurance........reliable or not?

[TheMetetron]

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Who the hell keeps more than $100k in cash equivalents?

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a lot of people

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Any non-retards?

I can't imagine keeping money in cash equivalents that you don't need immediate access to. I guess someone could need immediate access to that much but if thats the case I doubt they are worried about whether or not the $100k out of their millions is going to be insured or not.

As has been said, if FDIC isn't paying out, we are all [censored] anyway.