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We've now added a color code for all accounts. Orange accounts are new members, Blue are full members, and Green are Supporters. If you get a message about a sale from an orange account, make sure you pay attention before sending any money!
The Bank Term Funding Program (BTFP) ends tomorrow.
And if those banks that were using it werent being forced by the Fed during the past year to be winding out of their shitty "investments" they deserve to go broke... Also if people have deposits in accounts of more than the 200k the fed insures, they deserve to lose their ass also...
There is over 4800 banks in the USA that the FDIC insures... I dont give a shit about 10-20 of them that have a bunch of shitty "assets" that are worth negative 11ty billion dollars. There is a reason when some of these banks fail nobody will buy their assets, because they are garbage. FDIC should pay out the max and walk away from stupid...
But we all know they wont... and the banks know they wont...