InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,514.00
(
1.00%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
79.75
(
0.00%
)
Bitcoin
67,467.28
(
-0.49%
)
Post# of 222533
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

bar1080

Send PM Follow Ignore
Followers 254
Posts 28510
Boards Moderated 2
Alias Born 07/07/2004

bar1080

Re: BullNBear52 post# 209904

Saturday, 03/11/2023 9:39:39 AM

Saturday, March 11, 2023 9:39:39 AM

Post# of 222533
Bad. Really Bad!... "More than 85% of Silicon Valley's Bank's Deposits Were Not Insured. Here's What That Means for Customers"

"But more than 85% of the bank’s deposits were uninsured, according to estimates in a recent regulatory filing. That’s because FDIC deposit insurance is meant for everyday bank customers and maxes out at $250,000. Many Silicon Valley startups had millions, or even hundreds of millions of dollars deposited at the bank—money they used to run their companies and pay employees. Right now, nobody’s sure how much of that cash is left."

https://news.yahoo.com/more-85-silicon-valleys-banks-233807890.html

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up