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SVB Bank was 20B$, First Rep. Bank is 13B$, Anyone Else Had Enough of Bailing Out the Wealthy?
stevelaffey.substack.com
SVB Bank was 20B$, First Rep. Bank is 13B$, Anyone Else Had Enough of Bailing Out the Wealthy?
It's your money. You pay into FDIC Insurance. It only had 150B$ a few weeks ago. Now it has 33B$ less. All paid out to the wealthy at the expense of the middle class.
May 02, 2023
SVB Bank was 20B$, First Rep. Bank is 13B$, Anyone Else Had Enough of Bailing Out the Wealthy?