Is It Really Safe?
1 year ago
20
We are now several days into what seems to be a serious banking crisis, and the government is telling us its all safe, but is it really safe? Regional bank stocks rebounded today, but rumors are swirling that big depositors are moving their money from regional to stronger national banks in record numbers. There are also reports that the FDIC only has enough money to cover half of the deposits at the banks they took over this week. Is it really safe? Do you feel safe?
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