Bill Ackman Urges for Temporary Systemwide Deposit Guarantee Until $250,000 Deposit Guarantee Program is Modernized

Bill Ackman, the CEO of Pershing Square, has called on the Federal Deposit Insurance Corporation (FDIC) to explicitly guarantee all deposits as a temporary measure to protect our community and regional banking system. He has warned that without such a guarantee, the system is at risk of more bank…

#billackman #pershingsquare #fdic #greatrecessionof2008 #jpmorgan #citigroup #ackmans #ackman #svb #markcuban