Ever heard of SPIC?
That should keep you busy until tomorrow, I will not spoon feed you.
“Ever check to see the ridiculous small amount they are structurally able to “ insure”?”
Twice that of your FDIC insured bank account.
“.then get busy pulling up “ bail ins” which Dodd Frank codified into law.”
That reminds me of your forecast that silver shorting would ruin JPM when, in fact, JPM had ZERO short positions!
“Ever check to see the ridiculous small amount they are structurally able to “ insure”? Get busy, get back with us.....”
Wife and I have accounts at multiple institutions.
At one we have five separate accounts, two IRAs, two individual and one joint.
That provides us SPIC coverage of $2.5 million.