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Fiendish Thingy
Fiendish Thingy's Journal
Fiendish Thingy's Journal
March 11, 2023
2018: 50 Dem reps, 17 Dem senators vote to weaken Dodd-Frank banking regulations
Along with all the republicans, Which was then signed by Trump and led to the SVB melt down.
They overcame a filibuster to weaken regulations for this particular bank, whose CEO lobbied hard for relaxing regulations regarding capital liquidity.
Just sayin’, to keep the record straight.
No SVB depositor should be bailed out for more than the FDIC max of $250k. SVB was not like George Bailey’s savings & loan…
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Member since: Mon Sep 6, 2004, 12:00 PMNumber of posts: 15,568