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by standapart 1187 days ago
For some additional context, here is an excerpt from the hearing:

https://twitter.com/SeidlerCorp/status/1636518949872451584?s...

Here is my question:

Certain individuals have argued on HN that depositors of SVB should be made whole. For the most part, their arguments have not been based on systemic banking risk. Rather, their arguments have been based on the negative impact of employers suffering losses on uninsured deposits.

Would these same people argue that deposits of, say, community banks in Oklahoma be fully insured? Do they disagree with Yellen?

1 comments

This is how things get handled when it's small Oklahoma farmers and their banks on the hook: https://www.farmprogress.com/marketing/taking-a-look-back-at...