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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 boxed on Monday March 13, 2023 @08:52AM (#35135027)
Well... I guess. But the price of many of those assets were low because of the run right? So it's a self fulfilling prophecy.

Banks that buy SVBs branches will be making money off that deal I think. Not short term obviously, but long term.

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