Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by Thorrez on Sunday March 12, 2023 @10:25PM
(#35130077)
That's supporting the second part of simple-thoughts's comment. It's unclear to me whether twblalock was arguing against that or not.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by hypothesis on Sunday March 12, 2023 @10:46PM
(#35130314)
To me it seems like it is confirming the quote that he was arguing against.
Also, here is a POTUS tweet taking credit for a literal depositors “bailout”.
[0] https://mobile.twitter.com/POTUS/status/1635080376572956672
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by twblalock on Sunday March 12, 2023 @11:13PM
(#35130525)
The President never used the word “bailout”. And that’s because this is not a bailout. Taxpayers aren’t on the hook for a penny, and the money is going to depositors not the people who caused the problem.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by hypothesis on Sunday March 12, 2023 @11:27PM
(#35130614)
Now, I have no knowledge if Biden himself tweeted that.
But would you retweet something that calls your actions “bailout”? Especially if you don’t want it to be called as such?
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by peyton on Sunday March 12, 2023 @11:52PM
(#35130783)
The NYTimes tweet also says federal officials closed a bank, when it was state officials who closed the bank. I don’t think the Biden administration is endorsing the NYTimes weekend social media person’s summary.
The article says the Treasury wanted to emphasize that this action is not a bailout.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by hypothesis on Monday March 13, 2023 @12:04AM
(#35130896)
You would think that there are people around POTUS who would understand PR, but maybe it’s just doesn’t matter anymore?
[0] https://twitter.com/colbyLsmith/status/1635061613920395264