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assuming your account was FDIC insured. then why even bother taking out money less than minimum FDIC assured sum.
by ram_rar 9y ago
assuming your account was FDIC insured. then why even bother taking out money less than minimum FDIC assured sum.
- thedevil 9y agoMy more pessimistic estimates put the losses at more than the FDIC had at the time and I have no idea what happens when the FDIC runs out of money. It probably wasn't rational but I was really scared.
- Consultant32452 9y agoDon't feel bad man, I remember there being a run on food staples. Things like 50lb bags of rice and beans were sold out at Costco. People were stocking up on guns and ammo preparing for fucking Mad Max. I am not ashamed to admit I participated in some of that myself by doubling up the emergency rations I keep for hurricane season. You withdrawing $2k was not irrational at all given the scale of what was going on.