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re: Who is paying for the uninsured deposits for SVB?

Posted on 3/13/23 at 1:33 am to
Posted by dat yat
Chef Pass
Member since Jun 2011
4336 posts
Posted on 3/13/23 at 1:33 am to
quote:

the money isn't coming from the taxpayers


Not directly, we are only a step and a half removed from paying.

Truth is, we even pay for the insured deposits through the FDIC. Bank failures are expensive.
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