Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep...
by JumpCrisscross on Monday May 01, 2023 @04:50AM
(#35770447)
> limit can be as high as the FDIC's feeling that particular day
Technically, the FDIC has to find the failure to be systemically important. Legally, nobody defined what that process should be, so you are in practice correct.
Technically, the FDIC has to find the failure to be systemically important. Legally, nobody defined what that process should be, so you are in practice correct.