FWIW, I worked for the FDIC during the last bank crisis. We shut down 500 banks, and ALL INSURED DEPOSITS were covered.
I stand by my recent comment, I don’t care who you worked for, but scanning FR looking for OPINIONS that you don’t like and correcting them as if they were posted as facts adds a lot to FR and we appreciate it.
I spent most of my working career as an IT Contractor, one day while swapping stories a buddy told me in his last job, he was at a customer site looking to extend his contract and got a call to return to his office immediately, when he got back to the office, the company had shut down and the doors were locked, he was allowed to enter by security guards who accompanied him to his desk to clean out his personal belongings and then escorted out.
That was cold.