5 ms·
This headline is incorrect. This is the announcement of the ongoing Bank Term Funding Program, which has nothing to do banks that have already failed. Better h
by beefman 4y ago
This headline is incorrect. This is the announcement of the ongoing Bank Term Funding Program, which has nothing to do banks that have already failed.
Better headlines:
* FRB announces it will make available additional funding to eligible depository institutions
* Announcing the Bank Term Funding Program
- dang 4y agoOk, we've reverted the title now, in keeping with the site guidelines (https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html). (Submitted title was "Federal Reserve announces backstop of deposits, all money 100% available Monday".)
- deleted 4y ago[deleted]