Former FDIC Chair Isaac: This Is a Bailout

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Former FDIC Chair William Isaac says the government is bailing out banks SVB and Signature Bank. He says he is not worried about the banking sector. He speaks on "Bloomberg Markets."

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Does not matter what they call it, it is a bailout, and inflationary. Craziness needs to stop.

jeremyturner
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100% Bailout and FDIC gets the assets.

jlong
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Thank you for not parroting the message of the govt spin masters. This was a bailout, plain and simple.

SoilFirst
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This is a bailout. If liars had to die, yellen would've been gone already

hodokwaja
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Thanks for the interview with the former FDIC Chair, Mr. Isaac

vada
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crime crime crime 1st Degree. White collar.

scottfranson
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Once the bailout goes through everyone banking with SVB should take out all their money and let the bank fail despite the bailout because they are just filling the bank back up so it can be business as usual.

alexman
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AMEN 🙏 Can he please replace Janet Yellen tomorrow?

无畏无知者-io
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Why should a good bank..if there is one... stay good?
Man.. you screw up and you wind up getting bonus raise n praise.

There is no incentive to do proper business .
You gain they take your taxes .
You succeed at your own risk

davestruder
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William Isaac - Political Affiliation - REPUBLICAN

chaudharilokesh