Fed Panics: Signature Bank Closed By Regulators; Fed, TSY, FDIC Announce Another Banking System Bailout
"Today we are taking decisive actions to protect the U.S. economy by strengthening confidence in our banking system." NY-based Signature Bank: 2nd Top 30 US bank to collapse within the past 3 days.
Got money in a US bank?
How’s about you get 50 cents on the dollar for every dollar you had in that bank…… and you only have to wait a few weeks or a few months to get that 50 cents on the dollar…….. how’s that sound, does that sound fair enough to you? (And what exactly are your options, huh?)
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