[Buehler445]

Originally Posted by BigBeauford

Only 2.7% of Silicon Valley Bank deposits are less than $250,000.

Meaning, 97.3% aren't FDIC insured.

Ouch. pic.twitter.com/ZCmtOkZr2d

— Genevieve Roch-Decter, CFA (@GRDecter) March 10, 2023

So 250K if the deposits would be covered. So the 97.3% is the percentage of deposits not fully insured, not 97.3% of total deposited funds are not insured.

I think.

Still ****ing bad.

Jesus. I’m getting the shakes just thinking about losing the miniscual amount I have uncovered.