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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 Zetice on Sunday March 12, 2023 @08:46PM (#35128959)
It's not true that "no one can survive a bank run", though, and that's why SVB is at fault here, and not just a victim of circumstance.
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Re:Joint Statement by the Department of the Treasury, Federa... by hellcow on Sunday March 12, 2023 @08:54PM (#35129044)
Well, yeah, that’s why SVB no longer exists, all the execs are canned, and shareholders are losing their shirts.

But depositors trusting a highly rated bank with a 40-year history shouldn’t be a “big bet” or gamble. For the risks startups take, this is about the lowest of the bunch.

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Re:Joint Statement by the Department of the Treasury, Federa... by cma on Sunday March 12, 2023 @09:41PM (#35129580)
The risk is low because of the assumed bailouts.
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