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Taxpayers are not on the hook for any deposit losses here. From the statement: “No losses associated with the resolution of Silicon Valley Bank will be borne by
by sokoloff 4y ago
Taxpayers are not on the hook for any deposit losses here. From the statement: “No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”
- wpietri 4y agoThat is now the conclusion, but plenty of people were proposing a government bailout of depositors.