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re: Now Bank Bailouts - What is Next
Posted on 3/14/23 at 9:15 am to ChEgrad
Posted on 3/14/23 at 9:15 am to ChEgrad
quote:
I’m not that knowledgeable in the world of finance, but if they liquidated all the assets I don’t think they have enough money to cover all the deposits. So yes, guaranteeing the deposits above $250,000 is a bailout of the depositors.
? So selling all the Treasure bonds where the money was sitting, selling off assets, will not cover the depositors their money??
Posted on 3/14/23 at 11:28 am to IT_Dawg
quote:
So selling all the Treasure bonds
The bank was doing that before the collapse trying to raise capital, and taking a 40% loss on those bonds.
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