- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is FDIC insurance now unlimited for depositors?
Posted on 3/12/23 at 9:04 pm to LSURussian
Posted on 3/12/23 at 9:04 pm to LSURussian
Officers to never again be in the banking business............... Was not one of the senior officials also a senior official at the Leman bank fiasco
0
Posted on 3/12/23 at 9:19 pm to jonnyanony
quote:
if taxpayers contribute anything someone is getting a cut beforehand
The principals on SVB unloaded tons of stock in Feb at staggered times.
Posted on 3/12/23 at 9:20 pm to Major Dutch Schaefer
Let’s just forget who sets the bank rules and audits them.
Posted on 3/12/23 at 9:25 pm to LSURussian
quote:
That means the shareholders (not taxpayers) of all the other banks will be paying via decreased profits by their banks to cover the full amount advanced to make all depositors whole in the Silicon Valley Bank and Signature Bank.
So increased taxes/fees on big banks/companies aren't passed along to its customers? Hmm...
Posted on 3/12/23 at 9:26 pm to loogaroo
quote:
So our government can decide who wins and loses
I'd like to introduce you to "government."
Posted on 3/12/23 at 10:15 pm to David_DJS
quote:That depends on the price elasticity each bank has regarding its products and services, doesn’t it? In any case that’s still better than government diktat determining who pays, i.e., taxpayers. Hmm…
So increased taxes/fees on big banks/companies aren't passed along to its customers? Hmm...
Posted on 3/12/23 at 10:50 pm to LSURussian
quote:
That depends on the price elasticity each bank has regarding its products and services, doesn’t it?
That's true for tax increases, too. And that was my point. The notion that the costs associated with this bailout will be borne by only shareholders is folly.
Posted on 3/13/23 at 12:42 am to LSURussian
quote:NICE!
LSURussian
quote:Prepare for frustration People seem to think the SVB board and shareholders are the ones getting bailed out.
That means the shareholders (not taxpayers) of all the other banks will be paying via decreased profits by their banks to cover the full amount advanced to make all depositors whole in the Silicon Valley Bank and Signature Bank.
This post was edited on 3/13/23 at 12:43 am
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News