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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by tick_tock_tick on Sunday March 12, 2023 @08:33PM (#35128890)
> At the same time, this is yet another example of changing the rules in the middle of the game

Every time the FDIC has stepped in like this they have made all depositors whole. This is not new behavior.

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Re:Joint Statement by the Department of the Treasury, Federa... by mlyle on Tuesday March 14, 2023 @06:28PM (#35159989)
> Every time the FDIC has stepped in like this they have made all depositors whole.

This is a false assertion. Usually depositors end up losing some of their money above the insurance limits-- only not doing so if the amount of remaining assets proves sufficient to pay the liabilities.

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