John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked April 3, 2023

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Sun Mar 12 05:11:31 +0000 2023

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John Delaney 🇺🇸 @JohnDelaney

Not sure why everyone is missing the simple fact that for a mere 8bps per annum all deposits above 250k can be fully guaranteed at every bank in the U.S. no matter what size of the bank. Why is that such a difficult concept for people to grasp? — PolitiTweet.org

A couple SVB thoughts. 1. 250k is too low. It's insane that a small company with say 2.5m in payables and payroll… https://t.co/CuXoSeQEWS

Posted March 12, 2023

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John Delaney 🇺🇸 @JohnDelaney

Community banks simply won’t be able to compete if the Fed says you can lose your deposits there but not at a Big 4… https://t.co/FtTyKPj34d

Posted March 12, 2023 Just a Typo

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John Delaney 🇺🇸 @JohnDelaney

The regulators made it painfully clear that ONLY 250k is guaranteed. Depositors could have easily had excess amounts guaranteed or swept excess amounts into treasury funds - which they didn't - and somehow this is the regulators fault!!!! Gimme a break! — PolitiTweet.org

Startups, don’t panic. There’s absolutely nothing to worry about. The regulators are in complete control of the sit… https://t.co/XSEPHtjQRO

Posted March 12, 2023