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A comment on A Black Hole Engulfing the World's Bond Markets. Parent comment

Re:A Black Hole Engulfing the World's Bond Markets by whatshisface on Sunday July 28, 2019 @12:35PM (#20548382)
When you loan money you risk it. Unless you are under the FDIC insurance limit, the bank is allowed to lose your money by lending it out wrong. FDIC insurance is actually a progressive redistribution program because people with more money pay into the system without receiving proportional protection.
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Re:A Black Hole Engulfing the World's Bond Markets by dbancajas on Sunday July 28, 2019 @01:34PM (#20548757)
is FDIC per person or per account? Can I claim 4 FDIC insurance claims for 1M total net worth for example?
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Re:A Black Hole Engulfing the World's Bond Markets by akiselev on Sunday July 28, 2019 @05:34PM (#20549950)
Per [1]:

"The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Deposits held in different ownership categories are separately insured, up to at least $250,000, even if held at the same bank."

[1] https://www.fdic.gov/deposit/deposits/faq.html

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