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]

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

Great paywall as always.

 

[pawz]

Have they blamed Elon?

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

 

[46XiJCAB]

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]

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]

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.