[ConservativeInPA]

2: $250,001 plus - DNC Insurance at taxpayer expense (if DNC donations are sufficient).

DNCI is very cheap at the moment. SVB’s policy premium was much lower than FTX. But maybe SBF is a real stupid shite, and didn’t know the going rate.

[BobL]

“SVB’s policy premium was much lower than FTX.”

Not just the bank, but also its depositors, are a factor, at least according to Angelo Corleone, Director of the DNC Insurance Department.