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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 yunwal on Monday March 13, 2023 @03:21PM (#35141043)
The onus is on the people claiming that this is a no-risk deal for the FDIC. Otherwise, seeing this as a bailout is the reasonable conclusion.

If there was no risk, JP Morgan would be willing to step in to capitalize. The fact that they won’t tells me this is a bailout.

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