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Except people that owned T-Bills that they bought through SVB also lost access to their money. Should they buy the T-Bills and hold the actual certificates und
by brigadier132 4y ago
Except people that owned T-Bills that they bought through SVB also lost access to their money.
Should they buy the T-Bills and hold the actual certificates under their mattress?
- tome 4y ago> Except people that owned T-Bills that they bought through SVB also lost access to their money. I don't think that's the case, though I may be wrong and would appreciate correction if so. Anyone who held T-Bills at SVB as a broker should have been able to transfer them to another broker at no loss (but at a small delay), and the remaining $250k in their checking account should have been available within one business day.