To: caww
Rumors earlier re:Wells Fargo and BofA. But may be related to posting issues rather than SVB.
7 posted on
03/10/2023 10:33:57 AM PST by
donozark
(Colonel Tom Parker was a Democrat.)
To: donozark
A major part of the FDIC focuses on winding down large financial institutions. I’m sure they’re working the SVB resolution.
The FDIC is about the only federal agency I trust.
9 posted on
03/10/2023 10:38:11 AM PST by
Night Hides Not
(Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
To: donozark
15 posted on
03/10/2023 11:13:40 AM PST by
caww
(O death, when you seized my Lord, you lost your grip on me......)
To: donozark
Lol, it gave me a good excuse to change the direct deposit on my pension from Wells Fargo to my credit union. I’m not worried, I have faith in the FDIC. I worked there during the last bank crisis. They have access to sufficient capital, and they quickly sell assets from failed banks to replenish the Deposit Insurance Fund.
32 posted on
03/11/2023 7:05:22 PM PST by
Night Hides Not
(Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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