Sure, the amount above $250k wasn't insured, so, you don't get that immediately - my core point was that the rest isn't gone and in many cases you'll get all or almost all of it back, that just won't happen soon.
In fact, to the extent ordinary bank failures don't result in paying back all or almost all of the sum owed, the regulator has been far too slow to step in and more aggressive regulation is needed.
In fact, to the extent ordinary bank failures don't result in paying back all or almost all of the sum owed, the regulator has been far too slow to step in and more aggressive regulation is needed.