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The premium is set for 250k. Not unlimited. I'd have no problem with unlimited insurance schemes for deposits so long as the premiums are priced to reflect that
by anon291 4y ago
The premium is set for 250k. Not unlimited. I'd have no problem with unlimited insurance schemes for deposits so long as the premiums are priced to reflect that
- the_optimist 4y agoThe FDIC has not identified any loss assistance required for the “unlimited” guarantee. That is: the equity buffer covered it.