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nasseri | 3 years ago

If the lesson you want corporate depositors to learn is that in the United States, any dollar beyond 250K in an account can evaporate overnight, than be prepared for a lot more bank runs in the immediate future.

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prepend|3 years ago

The lesson is to mitigate this risk with insurance, account structures and other things.

I think the lesson is also don’t bank with banks doing shady, dumb things. And that’s a valuable lesson that people with over $250k should already know and not need to be taught.

JamesBarney|3 years ago

What did SVB do that was shady and dumb?