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‘The next recession starts here’: Trump team weighs abolishing bank regulators
(www.commondreams.org)
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this post was submitted on 13 Dec 2024
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politics
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https://www.forbes.com/sites/simonmoore/2023/03/12/why-deposit-insurance-didnt-help-silicon-valley-bank/
Apparently not. They managed to set themselves up in such a way that caused the failure, but the majority of depositors had over the $250,000 cap on FDIC insured assets.