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To: machman

I thought it was 100k. Didn’t know it was now 250k. BUt that’s the answer for depositors. You put 5 million in one bank you’re taking risk.


2,146 posted on 11/10/2015 7:56:16 PM PST by kjam22
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To: kjam22

I think they raised it to 250K in ‘08, then brought it back to 100K.

If a BofA fails, that’s a lot of money, but the answer is: $4T in bank reserves via the Fed.


2,227 posted on 11/10/2015 8:01:11 PM PST by ReaganGeneration2
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