Comment by csomar
11 hours ago
First one might be kind true in the US. Second one is only true up to $250k and how much Yellen likes you. But they are not true around the world and probably for most of it.
11 hours ago
First one might be kind true in the US. Second one is only true up to $250k and how much Yellen likes you. But they are not true around the world and probably for most of it.
By law yes it’s only $250K. But when the banks collapsed last year, the government made sure that no one lost money. In fact, no one has ever lost money because of an FDIC insured bank failure.