YC is not asking for a bailout. YC is asking for the FDIC to ensure depositors beyond the $250,000 guarantee. One hand I see why the FDIC would not (EG wealthy

YC is not asking for a bailout. YC is asking for the FDIC to ensure depositors beyond the $250,000 guarantee. One hand I see why the FDIC would not (EG wealthy individuals), but on the other hand I could see why the FDIC must ensure that accounts over $250,000 remain solvent: companies of all sizes generally have balances well over $250,000. I think this is probably a unique case that hasn't happened much, because most banks that have failed where the smaller ones in 2008. I vote that the FDIC insure and require insurance for accounts up to $5,000,000. But after you exceed that amount, you can no longer deposit money at that bank. Like the $250,000 limit on insurance should mean that you are capped at $250,000 in balance.