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U.S. government steps in and says people with funds deposited at SVB will be able to access their money
CNBC ^ | 03/12/2023 | Jeff Cox

Posted on 03/12/2023 9:09:03 PM PDT by SeekAndFind

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To: SeekAndFind

The FDIC was put in place to protect depositors accounts of $250k each. If people are not smart enough to move money arround to protect their accounts, that’s too bad. The government should not change the rules whenever the elites get burned.


41 posted on 03/13/2023 8:36:33 AM PDT by DownInFlames (P)
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The Simpsons - on the collapse of the Silicon Valley Bank

https://www.youtube.com/watch?v=dFi6UHqbmTA


42 posted on 03/17/2023 1:14:15 PM PDT by Texan4Life
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Good no nonsense article

https://www.theguardian.com/commentisfree/2023/mar/17/silicon-valley-bank-bailout-dodd-frank-regulation-opinion


43 posted on 03/17/2023 10:57:56 PM PDT by Texan4Life
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