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Message
re: How are the taxpayers not paying for Bidens new millionaire/billionaire bailout?
Posted on 3/14/23 at 1:54 pm to Mo Jeaux
Posted on 3/14/23 at 1:54 pm to Mo Jeaux
quote:
What is a good bank and a bad bank in this scenario?
Those who manage risk and those that ignore it for the sake of DEI and ESG.
quote:
What if the government had not done anything, and a general run on many/most/all banks happened? Do you think your small regional banks or large TBTF banks would have bene the beneficiaries in that instance?
What does that have to do with increased FDIC fees that will be passed on to customers? That is what I replied to, not the strawman that you built.
They had to do something, yes. They had banks willing to buy SVB and make depositors whole but they weren't on this administration's approved list. They also should go after the managers and execs who sold their positions in the weeks leading up to the collapse but they donate to the right people so they won't be held accountable.
Posted on 3/14/23 at 2:23 pm to junkfunky
quote:
Those who manage risk and those that ignore it for the sake of DEI and ESG.
OK. I'm not sure how you would go about determining this, but I get that you're angry.
quote:
What does that have to do with increased FDIC fees that will be passed on to customers? That is what I replied to, not the strawman that you built.
How the hell is that a strawman?
quote:
They had to do something, yes. They had banks willing to buy SVB and make depositors whole but they weren't on this administration's approved list.
What? Do you have any idea how long an acquisition like that would take? This is exactly why the FDIC has the receivership process.
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