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re: Louisiana bankers see few parallels between Silicon Valley Bank collapse, local market
Posted on 3/14/23 at 11:01 am to imjustafatkid
Posted on 3/14/23 at 11:01 am to imjustafatkid
quote:
Banks with diversified assets aren't in danger of this type of collapse. That's true, and also why we shouldn't be bailing them out. There should be consequences for bad investments.
You can’t frick over the depositors because of the banks investment choices
Posted on 3/14/23 at 11:07 am to DCtiger1
quote:
You can’t frick over the depositors because of the banks investment choices
We didn't. The bank did.
Posted on 3/14/23 at 11:14 am to DCtiger1
quote:
You can’t frick over the depositors because of the banks investment choices
If you went over the 250000 fdic limit you frick yourself
Posted on 3/14/23 at 11:14 am to DCtiger1
quote:
You can’t frick over the depositors because of the banks investment choices
This is real life not some made up land. Life isn't fair. Make better choices with your money. Did you never learn how banks work?
Posted on 3/14/23 at 2:59 pm to DCtiger1
For once it pays to be low tech
Posted on 3/14/23 at 5:30 pm to DCtiger1
quote:
You can’t frick over the depositors because of the banks investment choices
That's for bankruptcy courts to decide.
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