Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
b_b · 398 days ago · link · · parent · post: FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank
On the one hand, you know that the WSJ editorial board is lying because their mouths are moving. On the other hand, even a broken clock is right twice a day. From a separate editorial: At this hour it remains unclear exactly how many vacation homes are owned by the uninsured customers of these institutions. Vicious.Also, perhaps regulators can explain exactly why there must be unlimited insurance payouts to those whose accounts are only insured up to $250,000.