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by booleandilemma 1188 days ago
More than 85% of Silicon Valley's Bank's Deposits Were Not Insured.

https://time.com/6262009/silicon-valley-bank-deposit-insuran...

2 comments

Insured means they’re guaranteed to get it back. But the uninsured deposits are at the very front of the line for all further fundraising efforts.
So? That doesn't change anything.