Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

Re:Joint Statement by the Department of the Treasury, Federa... by eric_cc on Sunday March 12, 2023 @10:18PM (#35130000)

I just don’t understand this attitude. It’s 250k. We’re not talking about all that much money. Why do you think people with 250k should have extra knowledge or access to special advisers?

[ Parent | on HN ]

Re:Joint Statement by the Department of the Treasury, Federa... by 8note on Sunday March 12, 2023 @10:38PM (#35130240)

I think you're out of touch with how much money Americans have in savings

Vs say, 1k in savings or 10k in savings, somebody with >250k in savings certainly can pay some form of fiduciary

[ Parent | on HN ]

Re:Joint Statement by the Department of the Treasury, Federa... by barsonme on Sunday March 12, 2023 @10:52PM (#35130355)

Well, it's not just individuals with their savings. It's businesses, too.

[ Parent | on HN ]