Quote:
Originally Posted by Jakez
Ok but could they afford to even move so many digits at once? I'm sure at least a couple people would be shitting their pants.
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They'd close shop and the FDIC would then move the digits.. either way its not like you're NOT going to get your money. Unless your 100k+ then you get like 30 cents on the dollar for anything over that. Most people are smart enough to move their cash around, CDs, third party savings, IRAs etc. It's really small business owners who are in limbo (100k in, 34k
about to go out, then bank shuts down)