Giannis Antetokounmpo. Aaron Gash/AP Silicon Valley Bank’s implosion has spotlighted the federal deposit insurance limit of $250,000. The cap led NBA star Giannis Antetokounmpo to open multiple bank accounts to protect his fortune. Billionaire investor Marc Lasry told the player ...
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Posted in Avenue Capital Group, Banking Crisis, basketball, Bill Ackman, deposit insurance, FDIC, Federal Deposit Insurance Corporation, Giannis Antetokounmpo, Marc Lasry, Mark Cuban, Markets, MI Exclusive, Milwaukee Bucks, NBA, Silicon Valley Bank, Stocks, SVB
NBA star Giannis Antetokounmpo kept his bucks in half a dozen bank accounts because of the FDIC’s $250,000 limit. Billionaire Marc Lasry told him to invest instead.
BrightGiannis Antetokounmpo. Aaron Gash/AP Silicon Valley Bank’s implosion has spotlighted the federal deposit insurance limit of $250,000. The cap led NBA star Giannis Antetokounmpo to open multiple bank accounts to protect his fortune. Billionaire investor Marc Lasry told the player ...