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A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment

Re:Yellen says government will help SVB depositors but rules... by lotsofpulp on Sunday March 12, 2023 @11:30AM (#35121229)
> The stability of the US banking infrastructure is worth more to JPMorgan then haggling over a few billion dollars of lower rates bonds

I wonder why the leaders at JPM did have not announced this yet, to say they are paying 100% book value.

Seems like it would let everyone go back to enjoying their weekend, including Yellen and numerous other prominent people.

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Re:Yellen says government will help SVB depositors but rules... by thephyber on Sunday March 12, 2023 @04:59PM (#35126210)
Your attitude is flippant and ignores massive risk. Was it meant to be sarcastic?

Due diligence. Risk. Opportunity costs.

JP Morgan is probably re-evaluating their own assets right now with the assumption that what happened to SVB might happen to them also in a few weeks/months.

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