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RT @BillAckman
The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank. Absent @jpmorgan @Citi or… https://twitter.com/i/web/status/1634564398919368704
https://twitter.com/BillAckman/status/1634564398919368704
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@steventdennis How many people have more than $250k in their account AND are unaware of the FDIC insurance limit?
I bet not many.
