Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Captain Peter Blood
The bank mainly handled investments in risky tech startups. 90% of the bank’s deposits were uninsured.

Explain to me again why I need to pay gambling debts for the wealthy and make those uninsured losses “whole.”

In your benevolence and endless supply of currency, do you think you could find a little extra make the losses to my portfolio whole? I sure would appreciate it.

20 posted on 03/11/2023 3:19:58 AM PST by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
[ Post Reply | Private Reply | To 16 | View Replies ]


To: Repeat Offender

I understand. I am not saying I support bailing out the bank. All I was saying is that a lot of powerful people are going to use whatever influence they have to prevail upon the Fed and the FDIC to bail this bank out and will use whatever reasons they can come up with to justify it. So let’s see what happens Monday morning.

I will watching the futures market tomorrow night with great interest.


31 posted on 03/11/2023 11:29:27 AM PST by Captain Peter Blood
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson