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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 hcks on Monday March 13, 2023 @03:04AM (#35132126)
Obviously the #1 top priority of the CEO of an early stage startup is to spend time assessing and countering risks such as bank runs, gross mismanagement at their bank, earthquakes
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Re:Joint Statement by the Department of the Treasury, Federa... by iancmceachern on Monday March 13, 2023 @03:23AM (#35132269)
This is reducto ad absurdum. The kind of risk management that would have saved startups here is basic, elementary business. Parking money at treasurydirect, firms that handle this kind of thing as a service.
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