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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by zainhoda on Sunday March 12, 2023 @09:20PM (#35129351)
I think this is probably where we will end up: Deposits above the FDIC insured level have to automatically go into money market funds with a weighted average maturity of 5 days or less instead of the loan portfolio of the bank.
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Re:Joint Statement by the Department of the Treasury, Federa... by americafun on Wednesday March 15, 2023 @02:10AM (#35164532)
this. propbably the best comment on this thread
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