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King Dollar Stands Strong! Discover Why with Ryan McMaken in this Unmissable Interview!

Lead-Lag Live

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The Dangers of Uninsured Banks

There were so many people, billionaires and venture capitalists holding millions of dollars at uninsured banks that was just asking for trouble. I wonder if part of the reason they were doing that was just, hey, I know banks just get bailed out. And so maybe as a depositor, I'll get bailed out too. Sure, they'll let the stockholders eat it. But I can be sure as a depositors, I'll getting my money back even if it's technically not on the books right now. That's exactly what happened. The question is, is deposits going to see that as a reason to pull out their money or do they think it's safe now? It does look generally

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