By David Murphy -
If you store a ton of money on your Google Wallet, then you can probably rest a bit easier tonight. According to the latest reports, Google Wallet funds are now FDIC-insured. In other words, if Google ever goes bust—or the banks holding Google funds go bust—then the U.S. government will have your back.
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Google Wallet first major online payment platform to be FDIC-insured - Will people actually use it?
