baggachipz@sh.itjust.works to A Boring Dystopia@lemmy.world · 6 days agololsh.itjust.worksimagemessage-square4fedilinkarrow-up1106arrow-down13
arrow-up1103arrow-down1imagelolsh.itjust.worksbaggachipz@sh.itjust.works to A Boring Dystopia@lemmy.world · 6 days agomessage-square4fedilink
minus-squareanachronistlinkfedilinkEnglisharrow-up10·6 days agoFDIC wasn’t on the hook for much of the SVB deposits because they were over the insurance limit, until they realized that wealthy people were going to lose money and retroactively decided to pony up.
FDIC wasn’t on the hook for much of the SVB deposits because they were over the insurance limit, until they realized that wealthy people were going to lose money and retroactively decided to pony up.