Re:Joint Statement by the Department of the Treasury, Federa...
by danans on Monday March 13, 2023 @12:39PM
(#35138213)
Then let's call it what it is specifically instead of using such imprecise language: It's the sale of the assets of a bank in order to guarantee depositors' funds. It's not like the way zombie banks were given money to continue to exist in 2008, or the way the GM and Chrysler were given bailouts to continue operating.
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