what the shit is a "pigpoll", fellow American?
copying and pasting from calbanktrust.com doesn't indicate an understanding of anything more than being able to copy and paste from a website.
My goodness!
Actually, to be fair, my understanding of things is limited, as well. We "have a guy" and transfer money between accounts all the time for a million different reasons and trusts and ah fuck it if I even know. The lights stay on and there's always milk in the fridge. That's what I know.
So, I retract my snarky responses.
I'll keep coaxing, so far I'm coming up with what I already know, which, like I said, isn't much.
Having said that, I'm still curious how almost $160 BILLION (90% of SVB's accounts, per Reuters) is uninsured?
That's irresponsible of the account holders, at the very least.
Assuming there were that many legit account holders.
wtf…
I'm not sure that's the issue.
Of course he is! Hopefully, he talks about Wells Fargo, too.
That's not backing up anything you said, though.
are they?
>Yeah but still; how much would it cost me as a business owner to pay someone to keep track of the accounts, versus, how much risk?
weird that they wouldn't think of that, huh?
If you say so, Chang.
https://www.scmp.com/news/china/politics/article/3212973/xi-jinping-faces-stormy-sea-he-starts-third-term-chinas-president
and you are just retarded.
He'd be transitioning for at least 10 years prior to coming out with it.