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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 drcode on Monday March 13, 2023 @12:24AM (#35131039)
> the problem is that those securities can't be easily sold right now

they can be sold easily, they just happen to not be worth very much

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Re:Joint Statement by the Department of the Treasury, Federa... by AdamN on Monday March 13, 2023 @04:25AM (#35132695)
They're worth alot - I haven't seen any indication that they're more than 10% underwater. Even 20% underwater is much more than 'not be[ing] worth very much'
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