Re:The Collapse of SVB Exposes the Largest Crack in the Economy
by edulix on Saturday March 11, 2023 @02:09AM
(#35106190)
Or you could hold short-term t-bills for any extra money over the FDIC insurance limit. Then you are good unless the US Gov goes bankrupt, which is a non-zero risk but much lower and different.
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Re:The Collapse of SVB Exposes the Largest Crack in the Economy
by tome on Saturday March 11, 2023 @05:06AM
(#35106998)
Yes, I don’t understand what systemic forces are making this not the standard practice.
Re:The Collapse of SVB Exposes the Largest Crack in the Economy
by phone8675309 on Saturday March 11, 2023 @05:07PM
(#35113284)
SVB and its depositors most likely felt that SVB was too big to fail and that the government would just bail them out