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Janet Yellen confirms help for SVB depositors but dismisses bailout

DerekJohnson
Administrator, Swaye's Wigwam Posts: 68,443

in Tug Tavern
Comments
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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.
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Have they blamed Elon?
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If Elon is offering to buy them, allegedly, it’s doubtful. Or probable. EWIWBIUWerentThereMan said:Have they blamed Elon?
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No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.UWerentThereMan said:Have they blamed Elon?
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He deregulated the banks with a dem Congress and senate46XiJCAB said:
No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.UWerentThereMan said:Have they blamed Elon?
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Well the Dems were asking for more bad paper to be lent out.thechatch said:
He deregulated the banks with a dem Congress and senate46XiJCAB said:
No they blamed Trump already. He deregulated the banks which gave rise to SVB! So they were great, until they were not.UWerentThereMan said:Have they blamed Elon?
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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.