FDIC insurance is mandatory. It is not a "market" product. They are asking for a... | Hacker News

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DubiousPusher on March 13, 2023 | parent | context | favorite | on: Silicon Valley Learns to Love Socialism for the Ri...

FDIC insurance is mandatory. It is not a "market" product.

They are asking for an extraordinary extension of this program to recover losses incured by bad market behavior.

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