Comments by "Jeffrey Marshall" (@jeffreymarshall4572) on "This is a bailout of Silicon Valley: Payne responds to Biden" video.

  1. Using the FDIC as a underfunded shell company to bail out SVB is NO different than a direct bailout.
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  2. The only responsible thing to do was pay the insured $250k for each account, liquidate the bank assets and divide what’s left in an equal % amongst the remaining accounts. This would in all likelihood be a 10-20% haircut tops for all customer deposits > $250k.
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