Yellen says government will help SVB depositors but rules out bailout

Re:Yellen says government will help SVB depositors but rules... by andrewmutz on Sunday March 12, 2023 @01:49PM (#35123485)

I don't think that's likely. Most banks have about half of their deposits FDIC insured because their depositors have low balances. SVB only had 3%. Most banks are unlikely targets for a bank run as a result.

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Re:Yellen says government will help SVB depositors but rules... by eyphka on Sunday March 12, 2023 @02:26PM (#35124099)

This is simply not true and very easy to verify via

https://banks.data.fdic.gov/bankfind-suite/bankfind

Most banks actually have most of their deposits NOT insured. Most banks are not bofa.

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