Go back to sleep, Mr. Comer."They were one of the most woke banks" -- James Comer on SVB Bank pic.twitter.com/nGw6GvZTRs
— Aaron Rupar (@atrupar) March 12, 2023
Is somebody gonna explain insured deposits to him? As in why they’re insured and that the coverage has limits? Apparently this is not widely known (though I’ve known it since I was about 10 years old).Ro Khanna on SVB Bank depositors: "They didn't take risks. They just had their money in a bank." pic.twitter.com/OVnuzMrJ90
— Aaron Rupar (@atrupar) March 12, 2023
You people mocked tweet threads, and now this is what you get instead. Hope you're happy. pic.twitter.com/6JnACmrJ19
— Joe Weisenthal (@TheStalwart) March 11, 2023
the world has woken up to what an uninsured deposit is - an unsecured illiquid claim on a failed bank.If this is news to you, your assets should be forced into receivership for your own protection.
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