FDIC insured, how about you use some common friggin sense where you put your money

The govt does not need to bail them out.

If you are so stupid to put your money in a place where their priority is not safety of your money but wokeness, then you deserve what you get.

This is the same govt, after the MCI, Enron disasters that required companies to have their pensions fully funded, while they raped social security, most states like Cali raped their state pensions, and unions raped theirs.

Here in Trnidad, decades ago, I signed off the end of each month on account transfers for payroll, it was a transaction of a withdrawal from one of our accounts to the various banks in the country for direct deposit of payroll.

There was this one savings and loan. An "up and comer" had a real "saga" boy running the place. Throwing lavish parties, jet setting around making investments, etc. When I did the transfers each month it chapped my arse to see some of our employees using this bank, not a lot probably less than a dozen. As time went on and I see more and more glamourous headlines about this clown, I finally spoke with HR. I told them, you sit down with these individuals (I never saw the names) and explain to them the risks of a savings and loan and the slack regs versus two of the other banks (which are the only two the US govt approved of), and tell them to come see me if they dont understand.

Within two payrolls there was no transfer to saga boy's savings and loan....in less than a year they were bankrupt. I aint no financial whiz but dont piss down my back and tell me its raining.