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Re:Joint Statement by the Department of the Treasury, Federa... by moose_is_loose on Sunday March 12, 2023 @07:19PM (#35127970)
Can't wait to start seeing their tweets railing about how unfair student debt relief is.
Re:Joint Statement by the Department of the Treasury, Federa... by lovich on Sunday March 12, 2023 @07:36PM (#35128206)
Luckily you don't have to wait, guys like jason were already making those sorts of comments

https://twitter.com/Jason/status/1561902763478396930 https://twitter.com/Jason/status/1561899007256866816

Re:Joint Statement by the Department of the Treasury, Federa... by rodgerd on Sunday March 12, 2023 @10:13PM (#35129937)
Court records also show he spent months last year making suggestions to Musk on how to engineer a sufficiently hostile environment to mass-sack Twitter staff while evading severance arrangements.

But sure, these guys are so concerned with the posibility of ordinary people getting hurt.

Re:Joint Statement by the Department of the Treasury, Federa... by sokoloff on Sunday March 12, 2023 @07:28PM (#35128078)
Deposit money in a bank and expect to be able to withdraw it later as agreed seems compatible with borrow money for education and expect to pay it back later as agreed.
Re:Joint Statement by the Department of the Treasury, Federa... by object-a on Sunday March 12, 2023 @07:33PM (#35128162)
When you deposit money at a bank, it is made very clear to you that only $250K is protected by the FDIC. Any more, and you either buy insurance for it or take a risk on losing it in a bank failure.

These depositors knew that and still acted irresponsibly, yet they are going to be made whole. It’s not that much different from taking out a loan you don’t understand.

Re:Joint Statement by the Department of the Treasury, Federa... by theGnuMe on Sunday March 12, 2023 @07:58PM (#35128468)
Here here.
Re:Joint Statement by the Department of the Treasury, Federa... by moose_is_loose on Sunday March 12, 2023 @07:31PM (#35128132)
They benefited with White Glove treatment and easy access to loans. They weren't depositing it there out of the goodness of their hearts. That's why SVB was hunting for yield.