Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Wow! All insured depositors will have full access to their insured deposits by Monday morning. The FDIC will pay uninsured depositors an advance dividend, and receivership certificate for the remaining amount of their uninsured funds. https://www.fdic.gov/news/press-releases/2023/pr23016.html
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mk pfp
mk
@mk
For many depositors, that's like saying they'll have access to their socks on Monday.
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Kyle Mathews pfp
Kyle Mathews
@kam
all $250k of it... when many startups burn more than that / month
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