6min chapter

Pod Save America cover image

"Too Woke To Fail.”

Pod Save America

CHAPTER

Did the FDIC Step in to Sell Off All the Assets of a Bank?

Most of SPB's customers would eventually get most of their deposits back once the government sold all the bank's assets. People were saying, like, we should have just let the process go. But I think the issue there is, first of all, you would have seen regional banks across the country have people pull their money out and put them into big banks that are backed basically by the federal government.

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