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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment
On paper, with some of them at HTM valuation, they did.
At actual market value, I don’t know that an assessment has been done.
> So even if they sell at a loss there may be more than enough to cover the liabilities.
Sure, but there is still a kind of bailout in what amounts to a bridge loan from the FDIC for the uninsured balances.
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On paper, with some of them at HTM valuation, they did.
At actual market value, I don’t know that an assessment has been done.
> So even if they sell at a loss there may be more than enough to cover the liabilities.
Sure, but there is still a kind of bailout in what amounts to a bridge loan from the FDIC for the uninsured balances.