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Capt. Jack
@captainjack
True or False: U know it’s a “bailout” because most people don’t have $250k sitting around…..in a checking account!!
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northchop
@northchop
A lot of those accounts were company payroll accounts. I use a payroll service and full disclosure I did not know what bank processed my payroll until Friday morning when I figured I had to check. (It wasn’t SVB)
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
but I mean these are employers with employees. Most employers have 250k in their checking account. Where do you want them to keep it? I guess "in their wallet" is now a good answer
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