Bill Ackman: The gov't has about 48h to fix a-soon-to-be-irreversible mistake

Re:Bill Ackman: The gov't has about 48h to fix a-soon-to-be-... by hairofadog on Saturday March 11, 2023 @11:55AM (#35110145)

I feel like investors are taking a calculated risk, though, whereas depositors (not unreasonably, in my opinion) thought their money in the bank was “money in the bank”.

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Re:Bill Ackman: The gov't has about 48h to fix a-soon-to-be-... by luckylion on Saturday March 11, 2023 @12:41PM (#35110648)

And it was, with the caveat of "up to $250k per entity per bank". I don't think we'll remove all caveats from everything, we're just asked to removed them from something that only affects rich people.

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Re:Bill Ackman: The gov't has about 48h to fix a-soon-to-be-... by mixdup on Saturday March 11, 2023 @07:01PM (#35114239)

I feel like if you have millions of dollars you should be sophisticated enough to understand FDIC insurance limits. Piling literal billions of dollars into one small bank is a calculated risk, too

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