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Right lets all just play silly accounting games breaking up your 100M into 400 individual bank accounts instead of doing something productive and just raising f
by dilyevsky 4y ago
Right lets all just play silly accounting games breaking up your 100M into 400 individual bank accounts instead of doing something productive and just raising fdic limit to something sensible for a small-medium business
- phoehne 4y agoThat's why managing those insured deposits is automated.
- HWR_14 4y agoYou mean spread you 100MM into 400 individual banks so we have diversification when a single bad bank CEO decides to take stupid high-risk positions?
- bagavi 4y agoYou have to play silly games and try to fix the system simultaneously. You always keep your foot on the brakes in case someone is drunk driving on the road. At the same time, you'll try to fix those issues via legislation (DUI) and technology