Subject: Re: So, a question
Anyway, I've never held as much as $250K in cash on anything other than a transient basis.

Yes, this. We sold a condo in Boston for just not quite $1M. Waited hours for the wire transfer to come through, then it all went into one account just as the bank closed. Worried sick all night, and hotfooted it into several separate accounts as quickly as I could the next morning.