Re:How deep is the rot in America’s banking industry?
by s1artibartfast on Thursday March 16, 2023 @07:14PM
(#35190293)
SVB was holding 91 billion dollars of underwater securities. The FED is currently holding 2.7 trillion with a t dollars of underwater securities
[ Parent
| on HN ]
Re:How deep is the rot in America’s banking industry?
by digitaltrees on Friday March 17, 2023 @02:27AM
(#35193885)
They are only underwater if they are forced to sell. Why would the fed be forced to sell?