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I don't see anything to suggest this is the same. SVB ran into trouble because they took uninsured deposits (85% of deposits were not insured). I'm not going to be withdrawing anything from BoA because all of my deposits are insured.


You do not understand how business customers are served in the banking system.

Most business deposits are 85% uninsured because they are about the $400K limits.


I don't claim to understand anything. But I can read numbers. This report says 47% of BoA's deposits are uninsured: https://www.crowdfundinsider.com/2023/03/203681-sp-outlines-... You may also find this page from the FDIC worth reading: https://www.fdic.gov/resources/resolutions/bank-failures/fai...


> Most business deposits are 85% uninsured because they are about the $400K limits

We have already set the precedent of full deposit insurance.




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