What is Nostr?
MacroView / 🌽⚡️🍊💊
npub162z…l0w8
2023-03-11 12:08:19

MacroView on Nostr: I was reading on the FDIC site anything beyond 250k you may get as the bank get ...

I was reading on the FDIC site anything beyond 250k you may get as the bank get liquidated. Sounds like a haircut. Someone earlier posted that 2.7% of their total deposits are under 250k. A lot of money has been lost.

Does anyone know like if a big player like chase were to have issues, can a branch of chase trigger FDIC or the whole thing has to go down?
Author Public Key
npub162ztj53un8lp4ny7wkgjn0vlz7vy5khlgy72lpcps5g2qg9x2m7smll0w8