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The Bridge
(Total Views: 176)
Posted On: 03/12/2023 10:32:02 PM
Post# of 127540
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Posted By: wowhappens28
FDIC will repay SVB depositors in full—without delay:

https://www.wsj.com/articles/federal-reserve-...s-ba4d7f98

Ditto for New York’s Signature Bank.

Additionally, the Federal Reserve will increase liquidity in the US banking system to avert any contagion from the SVB and Signature Bank collapses.

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