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[quote=Anonymous]I don’t think the govt will need to use a cent of taxpayer money to make the depositors whole. There are enough assets to do it, even after the haircut of selling them at discounts. The depositors earned the cash, why should they not get it back? Bondholders and shareholders may get nothing, but that is a risk they took. I feel like it is unreasonable for the tech start-up industry to collapse as a result of this. If it does it means poor management on the part of the FDIC. No reason not to negotiate some quick asset sales to get cash back to depositors. It’s dumb to let them fail because of a technicality like missing payroll or vendor payments because their cash is locked up.[/quote]
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