Chuck Charles
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Bailing on students to bail out banks sounds like a politically bankrupt strategy.
09:47 PM - Mar 12, 2023
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MEAction NOW
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In response to Chuck Charles.
We should still forgive MORE student loan debt but SVB has the funds and isn't being bailed out - from what I have understood so far.
09:55 PM - Mar 12, 2023
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Chuck Charles
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In response to MEAction NOW.
That’s interesting, I’ve seen reports that the Fed is taking action to insure depositors beyond FDIC protection.

That doesn’t sound like they have the funds. But maybe it’s more complicated.
10:05 PM - Mar 12, 2023
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