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Good morning.

It is Tuesday, March 14th.

It is seven minutes after nine and you're listening to Kendall and Casey on 93 WIBC.

So President Biden sought to assure customers of Silicon Valley Bank and also signature

bank yesterday that their money was safe, insured by the deposit insurance fund.

But he said investors in the failed bank securities aren't going to get the same guarantee.

So the nation's top bank regulators announced that the FDIC and federal reserve would fully

cover deposits of both failed banks and rely on Wall Street and large financial institutions

and not you the taxpayer to foot the bill.

Here is my question that remains though, Casey.

Yeah.

And no one has been able to provide me a clear answer on this.

If the rule and I realize I am probably one of the last seven people on this planet who

...