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A comment on How deep is the rot in America’s banking industry?. Parent comment

Re:How deep is the rot in America’s banking industry? by creato on Thursday March 16, 2023 @02:22PM (#35186080)
> If all the depositors were merely semi-wealthy commoners with only $300k in their accounts, they would have only gotten $250k back.

No, they would have gotten $250k + ~90% of the balance. Maybe even 100%. Annoying but I wouldn’t care enough to take to twitter about it.

To explain why: it’s an overall loss of a few percent. The same as the daily fluctuation if I had kept the money in the stock market or whatever.

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Re:How deep is the rot in America’s banking industry? by stametseater on Friday March 17, 2023 @12:24PM (#35199192)
Quibble. The point is that the rules would not be changed for such a person. Neither you nor I would expect the rules to change mid-game for a common sort of person.
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