[oarabbus_]

>No one was chasing any yield. No one was taking any risks. It's a bank account.

It is by definition a risk for a corporation (or individual) to keep over $250k at a single institution ($750k if including SIPC-protected accounts). Reports are stating 97% of SVB's customers kept more than FDIC guaranteed limits. How can you claim this is not risky?

There is also additional insurance clients can purchase or the financial institution can themselves provide a statement they've purchased excess insurance for their clients.

>Are you suggesting tens of thousands of small business customers need to do due dilligence on the investment practices of their banks?

If they're keeping more than $250k in a single account, absolutely, yes, I cannot be sure this is even a serious question.