Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

‘That’s how capitalism works,’ Biden says of SVB, Signature Bank investors who lost money in failed banks

⁨1⁩ ⁨like⁩

Submitted ⁨⁨2⁩ ⁨years⁩ ago⁩ by ⁨realcaseyrollins⁩ to ⁨Finance⁩

https://www.cnbc.com/2023/03/13/thats-how-capitalism-works-biden-says-of-svb-signature-bank-investors-who-lost-money-in-failed-banks.html

https://www.cnbc.com/2023/03/13/thats-how-capitalism-works-biden-says-of-svb-signature-bank-investors-who-lost-money-in-failed-banks.html

Comments

Sort:hotnewtop
  • sj_zero@lotide.fbxl.net ⁨2⁩ ⁨years⁩ ago

    I mean, it is. Except it isn't.

    His government is bailing out the ultra-rich customers of the banks.

    source
    • realcaseyrollins ⁨2⁩ ⁨years⁩ ago

      And their employees.