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by youngtaff 1178 days ago
Asking large depositors to split their deposit amongst multiple banks is unreasonable

Asking them to insure their own funds is a reasonable thing to do though

1 comments

It's thier choice to adopt either solutions.

My point was that the existing tools and infra was enough for svb customers to secure themselves. At a high level, they didn't bother getting an insurance and now they beg for bailout.