Ricardo Klement: abb3w: Sigh. It's discussing the "confiscation" of deposits over 100k euro -- which is what happens when a bank ha. Deposits below the "insured" threshold are safe, but anyone with any holdings over that threshold -- including the bank's primary depositors -- may get back parts-per-thousand on the above-threshold money, if anything.This is pretty much what has happened in every FDIC insured bank collapse since the 1930s.I've always wondered how fast someone who wins one of those super-lotteries can move that stash from his bank to a regular investment and how much cash a bank will let you pull out. I mean, it's not like I can deposit the state's $400m check and pull that cash out next week all at once. Not unless the bank makes some serious uber-arrangements. (Not that I would WANT to - I'm just wondering what the limits are.)
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