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I'm not in favor of this but most of the money lost will be by bondholders. Why would you keep more than a 250K in a single savings account? If it's an invest
by hackeraccount 4y ago
I'm not in favor of this but most of the money lost will be by bondholders.
Why would you keep more than a 250K in a single savings account? If it's an investment you should invest it. If it's for liquidity why not split over multiple banks? Personally I don't keep that kind of money in a savings account but what's the story for people who do?
- dano 4y agoMostly because it's easier from an accounting and money management perspective. Now Roku's $460+ million on deposit is unfathomable.
- hackeraccount 4y agoIs the overhead from say, 10 accounts as opposed to 1 really that onerous? If you have 25 million in cash that you want liquid is a savings account really the best vehicle?