US regulators bail out SVB customers, who can access all their money Monday

Re:US regulators bail out SVB customers, who can access all ... by hnthrowaway0315 on Sunday March 12, 2023 @07:33PM (#35128160)

Just curious what's so funny?

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Re:US regulators bail out SVB customers, who can access all ... by salawat on Sunday March 12, 2023 @07:44PM (#35128293)

Privatized profits socialized losses strikes again.

You don't think that the banks aren't going to be passing along the burden of the FDIC special assessment to customers, do you? That's not at all how finance tends to work.

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Re:US regulators bail out SVB customers, who can access all ... by Sakos on Sunday March 12, 2023 @11:26PM (#35130601)

My god, the comments on these SVB articles keep getting worse. I'd delete 95% of the comments I see, including yours.

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Re:US regulators bail out SVB customers, who can access all ... by easyeven009 on Sunday March 12, 2023 @11:43PM (#35130729)

there is nothign substantive in your comment.

would you delete your comment too?

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Re:US regulators bail out SVB customers, who can access all ... by throwaway81523 on Sunday March 12, 2023 @07:49PM (#35128358)

Yellen announces "no bailout" and a few hours later, there is a bailout.

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Re:US regulators bail out SVB customers, who can access all ... by hnthrowaway0315 on Sunday March 12, 2023 @09:59PM (#35129773)

From my understanding this is not a bailout. Equity is wiped out?

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Re:US regulators bail out SVB customers, who can access all ... by throwaway81523 on Monday March 13, 2023 @04:45AM (#35132855)

A private party's debts are getting paid with public funds. That is a bailout.

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