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There is more than one kind of bailout. Any taxpayer money going in is a bailout. Giving taxpayer money to rich depositors is a bailout.
by wpietri 4y ago
There is more than one kind of bailout. Any taxpayer money going in is a bailout. Giving taxpayer money to rich depositors is a bailout.
- lanstin 4y agoMostly the money comes from fees levied on banks in the FDIC program.
- wpietri 4y agoYes, but plenty of people are calling for going beyond that. And it's not clear to me that other banks would be excited to pay higher insurance premiums to bail out Silicon Valley Bank's customers here. If you see something otherwise, please let me know.