Re:Joint Statement by the Department of the Treasury, Federa...
by femto113 on Monday March 13, 2023 @02:13AM
(#35131804)
Nobody has to put in anything other than confidence. Given enough time the bank already has plenty of assets--the whole point of the feds saying "all deposits will be made whole" is to stop the panic withdrawals and thus obviate the need to sell those assets.
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