Congress seems unlikely to extend the Transaction Account Guarantee program, which expires at year-end. (American Bankers Association's James Ballentine)
By George Yacik|October 07, 2012 at 05:41 AM
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Corporate treasurers may need to find new places to park their money come Jan. 1, since it seems less and less likely that Congress will extend the life of unlimited Federal Deposit Insurance Corp. insurance on interest-free checking accounts.
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