Yellen reverses herself

In Reply to: The Collapse of SVB Portends Real Dangers posted by Ed Gooding (VA) on March 11, 2023 at 08:26:10:

After stating that there would be no bailout of SVB and New York-based Signature Bank, which was closed on Sunday by the state chartering authority, Yellen has done a 180 and has authorized $25 BILLION in taxpayer money to bail out banks that made poor investment decisions with depositors' funds.

• Click here for the bailout details

Follow Ups:

• Re: Yellen reverses herself - Dean 07:48:45 03/13/23 (0)

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