2008, is that you?
Why would anyone put more than $250,000 in any one single bank knowing that is the insurance limit? Sounds like mis-management on the part of many of the depositors at SVB.
Like NBA star Giannis Antetokounmpo who apparently keeps his money in 50 different bank accounts to ensure every dollar is insured. https://nypost.com/2022/04/08/bucks-star-giannis-antetokounmpo-has-money-in-50-bank-accounts/.
Apparently “dumb jocks” are smarter than Silicon Valley tech bros.
Why would anyone put more than $250,000 in any one single bank knowing that is the insurance limit? Sounds like mis-management on the part of many of the depositors at SVB.
Like NBA star Giannis Antetokounmpo who apparently keeps his money in 50 different bank accounts to ensure every dollar is insured. https://nypost.com/2022/04/08/bucks-star-giannis-antetokounmpo-has-money-in-50-bank-accounts/.
Apparently “dumb jocks” are smarter than Silicon Valley tech bros.