Re:Senator dumped up to $1.6M of stock after reassuring publ...
by dk- on Saturday March 21, 2020 @07:51PM
(#22651298)
i've been pulling out my max cash withdrawal limit from cash machines every day since we hit 10% down in the markets. of course cash is probably useless when a bank run does happen, but it does give you a sense of safety and is something you can simply redeposit.
> In fall 2008, during that year's financial crisis, Burr said he was going to an ATM every day and taking out cash because he thought the financial system was going to soon collapse. In April 2009, in response to press about his experience, Burr told NC public radio station WFAE that he would do the same thing again next time.
[0] https://en.wikipedia.org/wiki/Richard_Burr