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FBaggins

(28,774 posts)

12. All of them

Reply to kelly1mm (Reply #7)

Sun Mar 12, 2023, 08:31 PM

Mar 2023

FDIC coverage is already funded by premiums from the banks. They’re just saying that if excess payouts are necessary (not a certainty at this point), an extra assessment would be applied to all of them (something that is explicitly contemplated in the FDIC charter)

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This message was self-deleted by its author [View all] icymist Mar 2023 OP

the best way to rob a bank us to own one. rampartc Mar 2023 #1

"No losses will be borne by the taxpayer" How do they know this and who, if not the kelly1mm Mar 2023 #2

The other banks will bear the losses (if any) FBaggins Mar 2023 #5

What other banks? As far as I know no other bank is buying SVB. Now they may kelly1mm Mar 2023 #7

All of them FBaggins Mar 2023 #12

This looks like smoke to me. LuckyCharms Mar 2023 #3

Liquidity and asset/liability balance aren't the same thing FBaggins Mar 2023 #9

Technically they have (had) assets to cover deposits but they were in long term treasuries kelly1mm Mar 2023 #10

This statement is BS angrychair Mar 2023 #4

Here we go again a bank fails after they doc03 Mar 2023 #6

Crypto currency should not be made whole in US dollars sanatanadharma Mar 2023 #8

This message was self-deleted by its author JCMach1 Mar 2023 #11

Closing this thread down as there is an earlier one I didn't see on this subject. icymist Mar 2023 #13