‘Boring’ Silicon Valley Bank (SVB) Isn’t To Blame. Extend FDIC Coverage To ALL Premium-Paying, Regulatorily Sound Banks.
Silicon Valley Bank (SVB) looks to be all that we WANT in a bank - a 'boring,' de facto credit union servicing our economy's most dynamically productive primary market sector. As we now revitalize our nation's productive base, we should update FDIC to cover ALL bank DEPOSITS in their FULL AMOUNTS.