3 ms·
If I am to be giving my money to anyone for safekeeping, I better be damned sure I understand the financial and legal details. Are the FDIC-insured accounts in
by maaku 15y ago
If I am to be giving my money to anyone for safekeeping, I better be damned sure I understand the financial and legal details. Are the FDIC-insured accounts in (Bank)Simple's name? What happens if they go under? Can the creditors of Simple use those deposits to recoup their investment?
Now do you see the problem?
- ynniv 15y agoThose are better questions. Perhaps lead with those, rather than trying to deduce the answers yourself.