Janet Yellen confirms help for SVB depositors but dismisses bailout

DerekJohnson

https://ft.com/content/6a77d81b-7376-4ccf-80a2-3336af04d04b

Sledog

Since they usually do the exact opposite of what they say Me thinks all the lefty loons that dumped money into this bullshit bank will get tax dollar bailouts.

UWerentThereMan

Have they blamed Elon?

pawz

DerekJohnson said:

https://ft.com/content/6a77d81b-7376-4ccf-80a2-3336af04d04b

Great paywall as always.

pawz

UWerentThereMan said:

Have they blamed Elon?

If Elon is offering to buy them, allegedly, it’s doubtful. Or probable. EWIWBI

46XiJCAB

UWerentThereMan said:

Have they blamed Elon?

No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.

thechatch

46XiJCAB said:

UWerentThereMan said:

Have they blamed Elon?

No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.

He deregulated the banks with a dem Congress and senate

Goduckies

thechatch said:

46XiJCAB said:

UWerentThereMan said:

Have they blamed Elon?

No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.

He deregulated the banks with a dem Congress and senate

Well the Dems were asking for more bad paper to be lent out.

PurpleThrobber

https://www.cnn.com/2023/03/13/investing/svb-uk-business-deal-intl-hnk/index.html

HSBC, deep roots in China, bank of choice for drug dealers.

Feels kind of shady.

Save us, Elon.