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Political Discussion
Reply to "SVB Bank Run: Fed Calling Emergency Meeting "
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[quote=Anonymous]The people working in the financial regulatory agencies on these issues have always viewed the depositors as sacrosanct. You don’t touch them because it just kicks off a bunch of other earthquakes that you can’t control. The Fed and OCC will move heaven and earth to protect the depositors and get their money immediately. They also need to calm the rest of the market, so something like unlimited discount window access is on the table for Banks experiencing heightened deposit outflows. [/quote]
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