My business is in Silicon Valley. Most of my stupid friends who own the businesses still don't aware of how serious it will be from those 2 banks collapsed. They thought that it was not related to their banks such as Bank of America, Chase, WellsFargo means they are in a good financial situation. They kept saying about FDIC insured $250,000 per account without thinking about the big companies that had more than $250,000 in their companies accounts, how they will run their businesses, .. if they could not, what will be happening !!