The FDIC $250,000 insurance is there to protect the depositors. The amount is not a secret. If you keep more than that in cash in a bank account, you take a k

The FDIC $250,000 insurance is there to protect the depositors. The amount is not a secret. If you keep more than that in cash in a bank account, you take a known risk and must definitely not be bailed out. You did not need to keep that large amount in cash. You could have bought short-term US treasury bills with every cent above $250k, and your deposits would have been perfectly safe. All of it.