2 ms·
85% of _deposits_ weren't FDIC insured, not accounts. Every account is insured up to $250,000 by the FDIC. I'm sorry for the people in that position but it's
by lp0_on_fire 4y ago
85% of _deposits_ weren't FDIC insured, not accounts. Every account is insured up to $250,000 by the FDIC.
I'm sorry for the people in that position but it's a distinction with a difference.