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re: How are the taxpayers not paying for Bidens new millionaire/billionaire bailout?
Posted on 3/14/23 at 2:23 pm to junkfunky
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.
1
Posted on 3/14/23 at 2:44 pm to Mo Jeaux
quote:
OK. I'm not sure how you would go about determining this, but I get that you're angry.
Directly from Signature and SVB as well as what Unusual Whales has reported. Do you want me to share videos and press releases? I'm not angry. I will maintain a balance to avoid the new fees. Sucks that the poor will have to pay for it though.
quote:
How the hell is that a strawman?
I never said the government should have done nothing, but you claimed that I did.
quote:
What? Do you have any idea how long an acquisition like that would take? This is exactly why the FDIC has the receivership process.
shite, I didn't realize the FDIC already took the fees to fully secure this bailout. Figured that would have taken some time as well.
Posted on 3/14/23 at 3:47 pm to GumboPot
quote:Won’t be much of a discount on the treasuries.
The FDIC will either take ownership of those assets or sell them to other banks at a steep discount.
This post was edited on 3/14/23 at 3:48 pm
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