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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 thallium205 on Monday March 13, 2023 @07:15AM (#35134093)
A 10 person company shouldn’t need a “treasury management” strategy in a functional banking environment.
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Re:Joint Statement by the Department of the Treasury, Federa... by logifail on Monday March 13, 2023 @07:57AM (#35134441)
> A 10 person company [..]

Newsflash: there are plenty of places, and plenty of sectors, where a 10-person company hasn't got anywhere near enough cash on deposit to reach the local deposit guarantee limit.

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