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It appears that doesn't cover business accounts.

http://www.bankersonline.com/technology/gurus_tech080403b.ht...

But that is really good protection for the consumer! I was not aware of that protection. I have heard of people being told by banks that their were no protections.



This is all very interesting. Chase is planning on covering the money to my knowledge, however, I'm more curious how it happened.




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