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by rufus_foreman 1200 days ago
I have no clue about this stuff either, but in my mind, every competent CEO has already asked their staff what uninsured deposits they have, what the financial condition of the institutions they have those uninsured deposits in is, they've asked their staff what they can do to mitigate risk from those uninsured deposits, and they want that answered over the weekend so they can go over it in an 8AM meeting on Monday and decide on what actions to take.