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You said the following:
The 2018 law exempted basically everything below a $250B asset threshold from Dodd-Frank. Don't capitalization requirements help mitigate the risk of bank runs?
I'll take misleading headlines for $500, Alex.
UBS isn't terminating its purchase of Credit Suisse, they want to terminate Klein's prior deal with CS to merge his company with them.
I never thought about vetting depositors until SVB and Signature. I was thinking that with big Crypto depositors - Crypto is such a new game that no one really knows what their behavior might be - like would they suddenly need to take out the lions share of their deposits? Which made me think that a bank needs to be able to predict that their depositors won't try to take out too much too quickly due to the nature of their businesses or that could be just like a bank run. So the strength of depositors and having depositors from different industries is probably just as important as having good borrowers from different industries, maybe more so since a loss of deposits can happen so quickly. The failure of a borrower does at least leave behind an asset which, if the bank did its homework, should be worth more than what's owed to the point that the bank can eventually get its money back and there's time to work it out or extend and pretend. .
what's the over under on money markets? I'm looking to move $100K elsewhere than a bank account. how liquid are they if I need to grab some cash out for a major purchase?
As long as you have more than one person on your account - you can keep $250k x 2 people on account and its fully insured up to $500k
Liquid , but they buy short term commercial which is possible to have some issues . I am bullish fyi , 75 percent long the spx and a growth fund , 25 percent in energy .
