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How is it a special carve out? The FDIC protects literally all the other deposits already.
by alex_young 4y ago
How is it a special carve out? The FDIC protects literally all the other deposits already.
- dismalpedigree 4y agoThey quite literally made exceptions for SVB and Signature only.
- alex_young 4y agoAnd all the average persons the OP mentioned were already protected. We’ll see if this stops the contagion. It’s in our collective interest that it does.