[aaomidi]

Open 4 banks and you’ll lose at most 25%?

Use treasures bills if you’re that concerned.

[dlubarov]

They did use mostly T-bills, and spread out the cash over 6 banks - that's why it's "only" $3.3bn out of $42bn.

[aaomidi]

I mean then you accept that banks aren’t risk free? I’m not sure why people have been under the assumption they are.