>Depositors shouldn’t get anything beyond the insured $250,000 My understanding of what I’ve seen people mention is that depositors shouldn’t get more than the

>Depositors shouldn’t get anything beyond the insured $250,000 My understanding of what I’ve seen people mention is that depositors shouldn’t get more than the insured 250k from the FDIC insurance fund, not that bank assets shouldn’t be used to make depositors whole. This sentiment doesn’t come out of nowhere. There have been a few panicked and very angry VCs on social media effectively calling for an immediate and retroactive increase in the limit for FDIC-insured funds. Essentially there are some folks that want the government to step in to make depositors whole will leaving bank assets to be divvied up to make investors whole. Some folks see this crisis and immediately jump to “how can I take maximum personal advantage?” It is those people that are creating confusion and pushback wrt the FDIC’s involvement here.