Fresh off the 2nd and 3rd largest bank failures in U.S. history (Silicon Valley Bank and Signature Bank, respectively), it seems like it might be a good critical time to do a refresher on FDIC insurance amounts, so that none of us are left holding the bag for a bank mismanaging its risk. But first, let’s do a very quick recap on how we got here. Silicon Valley Bank (SVB) and Signature Bank were similar in that they both were overexposed to asset classes that have come under concern: SVB with low-interest long-term treasuries that had lost value with rising
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