Slate Money cover image

Normal Bank Failure

Slate Money

00:00

The Number of Bank Accounts

Kerry Tolstad is facing possible prison sons, which would be... And she just got fined $19 million. I think we should have a numbers round. So my number is 50, and that's the number of bank accounts open by Janus Etintakupa last year. The solution to the problem of there is only $250,000 in federal guarantee per bank account is not to open 50 bank accounts in 50 different banks,. That is the wrong answer to that problem.

Play episode from 50:54
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app