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<blockquote data-quote="johnr" data-source="post: 365918" data-attributes="member: 395"><p>That being said, what specifically made these banks invest in crypto, and other flash opportunities?</p><p></p><p>The lack of available cash on hand is likely a bad way to run your business, and just because you can, doesn't mean you should, so still the bank is at fault for their actions, however where they invested is more of the issue than being allowed to.</p><p></p><p>A board of directors is there to prevent this, not encourage it.</p><p></p><p>If the business down the street goes full retard with other peoples cash, can we blame biden for not predicting it, and somehow stopping it?</p><p></p><p>your cash is covered up to $250,000. If a person puts in $$$ above that to bad jack.</p></blockquote><p></p>
[QUOTE="johnr, post: 365918, member: 395"] That being said, what specifically made these banks invest in crypto, and other flash opportunities? The lack of available cash on hand is likely a bad way to run your business, and just because you can, doesn't mean you should, so still the bank is at fault for their actions, however where they invested is more of the issue than being allowed to. A board of directors is there to prevent this, not encourage it. If the business down the street goes full retard with other peoples cash, can we blame biden for not predicting it, and somehow stopping it? your cash is covered up to $250,000. If a person puts in $$$ above that to bad jack. [/QUOTE]
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