231 Eric Swalwell: We need to bail out Silicon Valley Bank! (mobile.twitter.com) Karma Is a BITCH! posted 1 year ago by lsdQ 1 year ago by lsdQ +231 / -0 79 comments share 79 comments share save hide report block hide replies
The fact is that Dodd Frank Act made bail ins legal. Remember Greece’s collapse. The government simply took depositor’s money. The FDIC doesn’t have enough reserves to pay out all depositors.