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re: How are the taxpayers not paying for Bidens new millionaire/billionaire bailout?

Posted on 3/14/23 at 2:10 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25949 posts
Posted on 3/14/23 at 2:10 pm to
quote:

The problem is that it was pretty bad poicy for SVB to invest in bonds with the length that they did. Locking in a low rate bond for 10-20 years is insane - if you are a bank.


What should they have invested in?
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