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A comment on Urgent: Sign the petition now. Parent comment

Re:Urgent: Sign the petition now by aaomidi on Saturday March 11, 2023 @08:44PM (#35115413)
Open 4 banks and you’ll lose at most 25%?

Use treasures bills if you’re that concerned.

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Re:Urgent: Sign the petition now by dlubarov on Sunday March 12, 2023 @12:39AM (#35117054)
They did use mostly T-bills, and spread out the cash over 6 banks - that's why it's "only" $3.3bn out of $42bn.
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Re:Urgent: Sign the petition now by aaomidi on Sunday March 12, 2023 @01:55AM (#35117507)
I mean then you accept that banks aren’t risk free? I’m not sure why people have been under the assumption they are.
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