I doubt the taxpayers will be relieved of the burden.

I doubt the taxpayers will be relieved of the burden.
Re: Looks like Harry and Megan, and the rest get to keep their SVB money. FDIC/FED stepping in -- robertb	Post Reply	Top of thread	Forum

Posted by: Ihavenoname ^Ž

03/12/2023, 20:44:25

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Not to sound clueless, but who will cover the losses?

I won't take official statements at face value.

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Supposed to be a special fee on all banks to cover it. Probably cause bank stocks to drop a bit more, so investors are the ones to take the hit. --- robertb ( 03/12/2023, 21:23:09 ) ( 2 bytes ) +1

Excerpt from newsrelease --- Russ Walden ( 03/13/2023, 09:15:34 ) ( 2014 bytes ) link