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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 JackFr on Sunday March 12, 2023 @12:08PM (#35121835)
FDIC receivership is not my money, it’s all self funded. Any bailout beyond that is taxpayer money. As a voter (and a guy who pays taxes) it is my money. I have a lot of opinions about how that money should be spent.

A bailout beyond FDIC receivership is simply a payout to VCs. SVB’s resolution will be a solid measure of much political clout they have.

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Re:Yellen says government will help SVB depositors but rules... by auntienomen on Sunday March 12, 2023 @12:31PM (#35122187)
It's a noisy measure, since FDIC / Fed / Treasury are quite reasonably worried about this failure setting off a series of bank runs.
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