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Wapo reporting fed is strongly leaning towards covering all uninsured deposits at SVB

Posted on 3/12/23 at 2:09 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73085 posts
Posted on 3/12/23 at 2:09 pm
quote:


The Washington Post

@washingtonpost
Breaking news: Federal authorities are seriously considering safeguarding all uninsured deposits at Silicon Valley Bank, according to three people with knowledge of the matter, who spoke on the condition of anonymity to describe private deliberations.


LINK
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42840 posts
Posted on 3/12/23 at 2:10 pm to
Actual bailouts to the top 1%.

Okay they can pay off Student Loan Debt.
This post was edited on 3/12/23 at 2:11 pm
Posted by bamarep
Member since Nov 2013
52352 posts
Posted on 3/12/23 at 2:10 pm to
Bamarep told y'all yesterday they would get a bailout.
Posted by GnashRebel
Member since May 2015
8806 posts
Posted on 3/12/23 at 2:10 pm to
Then what is the point of insured deposits
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
40875 posts
Posted on 3/12/23 at 2:12 pm to
This is what you voted for.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
63986 posts
Posted on 3/12/23 at 2:13 pm to
When the left wants something they go blind to any possible effects. The US dollar is done.
Posted by GhostOfFreedom
Member since Jan 2021
13024 posts
Posted on 3/12/23 at 2:13 pm to
Why not? Money grows on trees.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 3/12/23 at 2:14 pm to
Of course they are. And East Palestine got what they deserved.
Posted by Figgy
CenCal
Member since May 2020
9730 posts
Posted on 3/12/23 at 2:14 pm to
Posted by Timeoday
Easter Island
Member since Aug 2020
17368 posts
Posted on 3/12/23 at 2:15 pm to
quote:

Bamarep told y'all yesterday they would get a bailout.


Well, he did hve a 50% chance of being right. If he is right, does this mean people with uninsured homes, buildings, cars, jewelry, boats, ets., can expect a Federal bailout for uninsured loss?

I am calling my insurance company tomorrow to cancel all insurance if the Fed bailout occurs.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
79803 posts
Posted on 3/12/23 at 2:15 pm to
Why not throw in FTX while they are up?
Posted by bamarep
Member since Nov 2013
52352 posts
Posted on 3/12/23 at 2:17 pm to
quote:

does this mean people with uninsured homes, buildings, cars, jewelry, boats, ets., can expect a Federal bailout for uninsured loss?



Do you even "rules for me, and not for thee?"


When you get Oprah and Prince Harry level of jack than you can answer your own question.
Posted by RobbBobb
Member since Feb 2007
33319 posts
Posted on 3/12/23 at 2:21 pm to
Trump will coast back into the WH
Posted by Mo Jeaux
Member since Aug 2008
62335 posts
Posted on 3/12/23 at 2:21 pm to
quote:

Do you even "rules for me, and not for thee?"


Reverse that.
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
34524 posts
Posted on 3/12/23 at 2:24 pm to
Boo
Posted by DavidTheGnome
Monroe
Member since Apr 2015
31249 posts
Posted on 3/12/23 at 2:24 pm to
No bailouts
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294896 posts
Posted on 3/12/23 at 2:25 pm to
quote:

No bailouts


Its beyond infuriating.
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 3/12/23 at 2:27 pm to
Further proof our whole financial system is a ponzy scheme tilted towards the elite.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 3/12/23 at 2:31 pm to
quote:

Wapo reporting fed is strongly leaning towards covering all uninsured deposits at SVB


well yellen came out and said "just to be clear" we arent going to bail them out

so they will 100% bail them out in full and make all the crooks whole while telling all the regular small investors to go pound sand
Posted by dafif
Member since Jan 2019
7874 posts
Posted on 3/12/23 at 2:31 pm to
What gives them the legal authority???
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