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A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment
> If we want government coverage then we should enact laws to cover this kind of thing
We already have. The uninsured depositors will be repaid from premiums paid to the FDIC by the rest of the banking industry.
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> If we want government coverage then we should enact laws to cover this kind of thing
We already have. The uninsured depositors will be repaid from premiums paid to the FDIC by the rest of the banking industry.