Banks | A Sadly Accurate Explanation of How Many Banks Operate | Why Did Silicon Valley Bank & Signature Bank Collapse? How Does the FDIC Insure $9 TRILLION of Bank Deposits with $125 BILLION Worth of Assets?
Silicon Valley Bank Collapse | "Americans Can Have Confidence the Banking System Is Safe. Your Deposits Will Be There." - President Joe Biden (Speaking 3/13/23 - Commenting On Silicon Valley Bank, Signature Bank & First Republic Bank)
What Are Bail-Ins? | “FDIC Is the Organization That Backs All Deposits Held at Banks In United States, To Which There Is Over $9 Trillion In Deposits, Being Backed By A Few Hundred Billion In Assets.” - Andy Schectman (8/15/24)