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The rescue of Silicon Valley Bank implies to me that the $250k is more a suggestion than a rule
by TSiege 3y ago
The rescue of Silicon Valley Bank implies to me that the $250k is more a suggestion than a rule
- brookst 3y ago$250k is guaranteed. Above that you take your chances on policy. I don’t think the $250k was ever intended to be an absolute upper limit.
- NovemberWhiskey 3y agoIn any case, SVB was primarily a commercial bank, rather than a taker of retail deposits.