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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 Swenrekcah on Monday March 13, 2023 @09:18AM (#35135298)
Also that would really have been an example of arbitrary changes to the rules on the fly.
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Re:Joint Statement by the Department of the Treasury, Federa... by cornholio on Monday March 13, 2023 @09:23AM (#35135362)
They can make make those rules and preparations beforehand, for the next SVB, Signature etc. Banks would definitely want to optin under such a protective regime and have their systems ready since it alleviates customer panic in an event of a liquidity crisis.
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