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Interesting how fast government can work

Posted on: March 16, 2023 at 15:34:53 CT
Bulldog Bob Brown STL
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In less than 4 days a unilateral decision was made to save a bank with substantial political connection, ESG “impacts” and many powerful depositors with very large deposits, immediately making a contractual ceiling on insurance null and void.

Nimble when nimbleness is good for the Club might be what a skeptic would say.
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Interesting how fast government can work - Bulldog Bob Brown STL - 3/16 15:34:53
     crazy how that all worked, isn't it? (nm) - Sal CMSU - 3/17 07:35:03
     Grift is where they shine.(nm) - TrumpToRushmore MU - 3/16 16:08:59
     I have no problem with FDIC covering deposits larger than - ashtray UF - 3/16 15:54:42
          Were those people not aware the limit was $250k? - Sal CMSU - 3/17 07:39:20
               who cares? It's a stupid limit (nm) - ashtray UF - 3/17 08:30:41
          US law limits the FDIC to $250k. Biden wants to - Spanky KU - 3/16 16:07:19
               good on him - ashtray UF - 3/16 16:08:42
                    Protect to a known limit of liability (nm) - Spanky KU - 3/16 16:15:19
                         easy for the poor to say (nm) - ashtray UF - 3/16 16:26:51
                              How many people do you think keep >$250k in a bank - Spanky KU - 3/16 16:33:59
                                   well over $1T dollars of uninsured deposits in the - ashtray UF - 3/16 17:00:46
                                        Link? How much is in the banking system?(nm) - Spanky KU - 3/16 17:16:24
                                             RE: Link? How much is in the banking system?(nm) - ashtray UF - 3/16 17:23:25
                                                  So 5% of money in banks is uninsured? - Spanky KU - 3/16 21:17:11
          Don’t have an opinion on what the number should be - Bulldog Bob Brown STL - 3/16 16:05:30
               oh, I agree. eliminate the Fed (nm) - ashtray UF - 3/16 16:06:01
     They're in on - JayHoaxH8r MU - 3/16 15:36:34
          lol damn you're a tard (nm) - Sal CMSU - 3/17 07:34:52
          wtf is going on with this country under Biden? (nm) - 90Tiger STL - 3/16 15:46:11
               Unfortunately for you - JayHoaxH8r MU - 3/16 15:47:34
                    lol "not completely" - Sal CMSU - 3/17 07:36:29
                    no, but i've certainly been predicting it a long time - 90Tiger STL - 3/16 17:26:24
                    why would you think he wants it to tank? - Th8tnTiger MU - 3/16 16:04:23
          Well...... (nm) - MIZ45 MU - 3/16 15:41:26
          Right(nm) - Bulldog Bob Brown STL - 3/16 15:37:34




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