, both of which failed this week and were promptly taken over by the FDIC. Will customers have full access to all of their money on deposit? Yes. Over the weekend, the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corporation issued a joint statement noting that they were taking steps that “fully protec[t] all depositors. Depositors will have access to all of their money starting Monday, March 13.
What about lines of credit? Per FAQs specific to the SVB and Signature closures, customers’ lines of credit have been transferred to the new bridge banks the FDIC created to handle customers’ transferred deposits and banking services. The agency notes that customers should contact the bank if they have questions about their credit lines. Can customers continue to keep their money where it is? Yes, but the FDIC will communicate to customers how long they can continue to do so.
Be your own Bank and dont trust politicians and central banks . Bitcoin fixes this. No one can take your Money! Bitcoin need no trust no Central Banks and have no Inflation!
Less than 1% of depositors had over 250k This was a bailout of the top 1% in Silicon Valley. They are also Democrat mega donors. If Trump had done this, you would be screaming corruption, but you are too busy licking Biden's balls to do real journalism.
No one cares.
Men on the moon included, dancing a bit b4 however perfectly explicite, with the the 3 tectoniques plates. 😉
STOP BAILING THEM OUT SO THEY CAN DO IT AGAIN!