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Yeah, probably the best way to prevent this from happening would be to have the FDIC guarantee up to 40 million for businesses, or something on that level. Goin
by aripickar 4y ago
Yeah, probably the best way to prevent this from happening would be to have the FDIC guarantee up to 40 million for businesses, or something on that level. Going from having >95% of your cash uninsured to even like 30% uninsured (for a huge company) would be a massive change.