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re: Now Bank Bailouts - What is Next

Posted on 3/14/23 at 9:15 am to
Posted by IT_Dawg
Georgia
Member since Oct 2012
22595 posts
Posted on 3/14/23 at 9:15 am to
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 by SingleMalt1973
Member since Feb 2022
14276 posts
Posted on 3/14/23 at 11:28 am to
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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