-
The world struggles to predict financial fallout from California bank collapse
As the millionaire depositors in Silicon Valley Bank got all their money back courtesy of a U.S. government agency, there were no doubt sighs of relief among those bank customers who would otherwise have taken a severe financial beating. Until the U.S. government swooped in Monday, that included the vast majority of deposits at SVB, which catered to Silicon Valley startups and venture capital firms. Deposits over $250,000 US are uninsured by the Federal Deposit Insurance Corporation or FDIC. Even the conservative-leaning Wall Street Journal, harking back to the hundreds of billions of dollars handed out following the 2008 banking meltdown, is debating whether the support for uninsured depositors in the second largest…
-
Complimentary Financial Education Resources for Community-Based Organizations Across California
SAN FRANCISCO, Jan. 24, 2023 /PRNewswire/ — The California Monetary Educators Council’s mission is to make substantial-high-quality monetary education and learning programming additional available. Which is why decide on universities, nonprofits, and local community teams now are suitable to receive fiscal education and learning programming complimentary. The means and aid are presented at no demand to California-based companies with an desire in bringing economical education to serve all ages of learners to make a good effect in their communities. Corporations have two possibilities to obtain these sources, just one with no eligibility specifications and just one with qualification rules. Qualifications for beneficiary businesses can be uncovered at https://ca.financialeducatorscouncil.org/economic-training-systems-california-corporations/ The California…
