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Re:Yellen says government will help SVB depositors but rules... by dkga on Sunday March 12, 2023 @12:52PM (#35122556)
Multiple banks. There's one thing called counterparty risk and any firm with millions (or more) of US dollars in cash should have a function just to take care of this. But it seems a lot of tech firms' CFOs were sleeping at the wheel if it indeed transpires that all these firms were keeping their money all in one bank.

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