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No plans to move money out. But definite plans to create a new, additional account elsewhere and when payment for current orders in process comes in over the ne
by hugs 4y ago
No plans to move money out. But definite plans to create a new, additional account elsewhere and when payment for current orders in process comes in over the next 30 to 60 days, have those new funds go into the new account. (Basically, diversifying is good, and I shoulda/woulda/coulda done it sooner, but it was never my top priority... until now.)
- PaulHoule 4y agoOdds are the San Francisco Fed has been working overtime since last night and announce SVB is bought out by another bank this weekend.
- eqmvii 4y agoCNBC this morning has had a few chirons implying private capitalization/sales talks have failed edit: maybe just the raise, and sales talks continue? https://www.cnbc.com/2023/03/10/silicon-valley-bank-financial-in-talks-to-sell-itself-after-attempts-to-raise-capital-have-failed-sources-say.html https://www.cnbc.com/2023/03/10/silicon-valley-bank-financia...
- hugs 4y agoThis didn't age well. So... Definite plans now to move 100% of my money out. Thankfully, I'm within FDIC limits.