50% of the assets seized from the bank failure Friday were uninsured deposits. Just like SVB
Everyone needs to remember. Anything over $250,000 in one bank is u insured.
This means if you have 400k in a bank the FDIC will only guarantee 250k of it.
Kiss the other 150k bye.
— QE Infinity (@StealthQE4) April 28, 2024
Regulators must equip themselves with tools such as "bail-in" bonds to deal quickly with a failed clearing house for stocks, bonds or derivatives without having to call on taxpayers for cash, the G20's risk watchdog has said
— unusual_whales (@unusual_whales) April 29, 2024
Guten turgen . pic.twitter.com/rgIsOqZwRB
— The Great Martis (@great_martis) April 29, 2024
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