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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 tchened on Monday March 13, 2023 @04:33AM (#35132765)
do you expect a company with $100MM in the bank to bank with 4000 different banks in order to keep their cash secure and insured?
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Re:Joint Statement by the Department of the Treasury, Federa... by sethd on Monday March 13, 2023 @08:18AM (#35134674)
One could do that, but there's plenty of other options available to insure amounts above $250k.
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Re:Joint Statement by the Department of the Treasury, Federa... by scruple on Wednesday March 15, 2023 @07:14PM (#35175975)
I expect them to explore their options, of which there are many, varied choices.
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