Urgent: Sign the petition now

Re:Urgent: Sign the petition now by oldgradstudent on Saturday March 11, 2023 @07:24PM (#35114645)

> Depositors in banks aren't expected to do due diligence on the financial statements of the bank they're depositing in. Have you read the 10-K filings of your bank in detail?

If you have less than the insured amount you are not expected to do anything.

If you have significantly more than the insured amount you should do your homework and manage your risk. Anyone who was alive during the 2008 crisis should be aware of the problem.

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Re:Urgent: Sign the petition now by givemeethekeys on Sunday March 12, 2023 @12:53AM (#35117157)

I know a few small business-people. They have more than 250k cash but not in the millions. They definitely spread their cash in several bank accounts. But then, they are not tech people.

[ Parent | on HN ]