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Isn't it great how FDIC and Fed Reserve bail out those poor SVB and Signature Bank depositors for hundreds of billions, but some folks screech about bailing out everyday folks for college debt with high interests rates from...banks?
@dmindel It's funny how many double standards there are. Bailouts for big bad actors who knowingly wreck the economy, but no help for regular people who have life-altering difficulties beyond their control.
@dmindel FDIC is an insurance program that banks pay into. If your bank is FDIC insured so is your deposit up to the limit. FDIC made the decision to cover ALL deposits. It has nothing to do with anything but bank failures.