Re:Joint Statement by the Department of the Treasury, Federa...
by shrimpx on Sunday March 12, 2023 @08:19PM
(#35128732)
> You think the CEO of a 100 person startup should be worried about something like a bank run happening?
Yes. Not specifically a bank run, but bank failure. Cash is the lifeblood of a company. Let's not worry about our cash becoming unavailable, in a bank that buys risky assets with our cash, in a perilous interest rates environment, "cuz it's not 1920."
Yes. Not specifically a bank run, but bank failure. Cash is the lifeblood of a company. Let's not worry about our cash becoming unavailable, in a bank that buys risky assets with our cash, in a perilous interest rates environment, "cuz it's not 1920."