News for hackers. Stuff that matters.
Re:Urgent: Sign the petition now by erik_seaberg on Saturday March 11, 2023 @09:17PM (#35115677)
From whom? A search for "bank failure private insurance" kept talking about FDIC and sometimes SIPC.
Re:Urgent: Sign the petition now by JohnFen on Saturday March 11, 2023 @10:43PM (#35116366)
CDARS is one system. A whole bunch of different systems have been mentioned scattered throughout these comments. But the bottom line is that if you really need to know what the options are, you really need to talk to a financial advisor with expertise in this level of business. They'll know what all the options are.

This is a rather specialized and technical area of finance, and like most technical areas, I imagine it's hard to search for unless you know the magic terms and jargon to search for.

Re:Urgent: Sign the petition now by ashwagary on Saturday March 11, 2023 @11:14PM (#35116595)
>From whom?

Lloyds and AIG will insure just about anything, they'll happily protect $x million or billion for a nominal fee.

Re:Urgent: Sign the petition now by dehrmann on Sunday March 12, 2023 @04:09AM (#35117909)
This isn't a viable solution; AIG almost went under in 2008.