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by TSiege 1116 days ago
The rescue of Silicon Valley Bank implies to me that the $250k is more a suggestion than a rule
2 comments
brookst 1116 days ago
$250k is guaranteed. Above that you take your chances on policy.

I don’t think the $250k was ever intended to be an absolute upper limit.

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NovemberWhiskey 1116 days ago
In any case, SVB was primarily a commercial bank, rather than a taker of retail deposits.
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