4 ms·
Even in 2008, no depositors in FDIC-insured banks lost their money. Some banks died (Washington Mutual comes to mind), but it's not like FTX where the depositor
by twblalock 4y ago
Even in 2008, no depositors in FDIC-insured banks lost their money. Some banks died (Washington Mutual comes to mind), but it's not like FTX where the depositors are left with nothing.
- aaronbrethorst 4y agoI banked with WaMu in 2008. They died. Chase absorbed them. My account balances moved to Chase and were left 100% intact.