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How about we expect FDIC to sell the assets at market value and then expect companies to take the 30 % cut in assets over 250k. No one is suggesting anyone bur
by anon291 4y ago
How about we expect FDIC to sell the assets at market value and then expect companies to take the 30 % cut in assets over 250k.
No one is suggesting anyone burn svbs assets. Only that we do not print more money to make up the difference between the face value and the market value
- cmurf 4y ago>How about we expect FDIC to sell the assets at market value and then expect companies to take the 30 % cut in assets over 250k. Why should a bank's depositors take haircuts before its bondholders and shareholders? >Only that we do not print more money to make up the difference between the face value and the market value The difference is made up by FDIC special assessment on banks.