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Originally Posted by statdoc
Yes, a business account is limited to the $100k FDIC coverage. A joint account (husband/wife) would be $200k.
Re the increasing limits to $250, there was a Repub Congressman on the radio today, saying the House Repubs put that on the table during the negotiations with Pelosi, et al, but the Dems rejected that aspect for the bill. Interesting that Obama is claiming it is something he wanted.
Of course, as politicians, they may all be lying.  |
Remember, O'man was still campaigning and "phonin' in"
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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