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Re:Joint Statement by the Department of the Treasury, Federa... by evan_ on Sunday March 12, 2023 @10:11PM (#35129919)
It’s a cash flow issue. Cash flow kills plenty of profitable businesses.
Re:Joint Statement by the Department of the Treasury, Federa... by hd95489 on Sunday March 12, 2023 @10:35PM (#35130195)
It’s a true solvency issue. They could have announced this before the bank collapsed and it still would have collapsed eventually because assets were less than liabilities