Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

Re:Joint Statement by the Department of the Treasury, Federa... by ok_dad on Monday March 13, 2023 @04:04AM (#35132540)

Those who took the risks are losing their shirts: the shareholders and debtors of SVB and its executive staff.

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Re:Joint Statement by the Department of the Treasury, Federa... by justsayinstuff on Monday March 13, 2023 @04:18AM (#35132636)

Are the executives really losing their shirts? Their bonuses better be clawed back.

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Re:Joint Statement by the Department of the Treasury, Federa... by Lionga on Monday March 13, 2023 @04:11AM (#35132599)

Any accountholder at SVB is a debitor to SVB. They are getting the bailout, while they clearly took the risk for anything above 250K

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Re:Joint Statement by the Department of the Treasury, Federa... by sokoloff on Monday March 13, 2023 @04:51AM (#35132896)

> Any accountholder at SVB is a debitor to SVB.

One with deposits in the bank is a creditor. One with a loan from the bank is a debtor/debitor.

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Re:Joint Statement by the Department of the Treasury, Federa... by eru on Monday March 13, 2023 @05:21AM (#35133140)

It's a shame that we are trying to shield depositors from all risks.

It's better to have more people watching out for danger.

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