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CD93: Bank Runs and Macro Update with Dylan LeClair

Citadel Dispatch

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Is the Federal Reserve Bailing Out All Depositors?

The Department of Treasury Federal Reserve and FDIC just said that they're going to bail out all depositors. Regardless if you're over the insurance limit for Silicon Valley. Senior management has removed. They think they can cover everybody by just selling off assets. But they'regoing to backstop the whole thing and say that all depositors will be made whole on Monday, aka tomorrow. Wow. This is insane. And they said that same thing for signature, right? That's the same idea for signature. I don't have a signature link. Where's it? Where's the signature news? I don'thave the signatures.

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