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Gabe Plotkin got blown up on GME short positions then bailed out by Kenneth Griffin
So all shares and bonds svib had as re written to zero. Who had exposure to those and are going to be impacted by their collapse?
Actually FDIC has been updated over time to keep pace with inflation. It was 2.5k when it was introduced.
FDIC is really intended to protect individual depositors, not companies, so the 250k limit is probably fine. The problem here was that such a high percentage of clients for this particular bank were over the limit. That's something which should probably be regulated, either by limiting the percentage of un-insured depositors or raising the reserve requirement in such a case.
Ia FDIC limit per account? Per holder?
Can someone remind me and point me to more info on why it matters if these dollar coins depeg
Agreed
I went with lemonshark and regretted it. Hardware never really worked right and horrible CS plus it's like $50 to send it back. A year later and I'm still arguing with them for a refund
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