Mar 13 2023

No, It Isn’t A ‘Bailout’ – And It Is Time To Afford Risk-Priced Insurance To ALL Bank Deposits IN FULL. Forbes – Markets

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original entryNo, It Isn’t A ‘Bailout’ – And It Is Time To Afford Risk-Priced Insurance To ALL Bank Deposits IN FULL. Forbes – Markets

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The extension of insurance to Silicon Valley Bank and Signature Bank depositors this weekend isn't a 'taxpayer-funded bailout.' It is a rational extension of our deposit insurance system fully funded by risk-based premiums required by law since 2005. Now let's extend it to ALL bank depositors....