Finance Expert Provides Insight into Recent Bank Defaults

Published March 22, 2023

Laura Gonzalez, associate professor of finance, appeared on NBC Los Angeles on two occasions ( and ) to talk about the recent bank defaults and the impact it could have on depositors. Professor Gonzalez told listeners their money was safe when insured by the FDIC and less than $250,000. She also encouraged depositors to use multiple banks when exceeding the maximum insured amount.