as another bank is closed - update: 
https://twitter.com/NickTimiraos/status/1635044036041121792
NEW:
— Nick Timiraos (@NickTimiraos) March 12, 2023
*Signature Bank has been closed
*All depositors of Silicon Valley Bank and Signature Bank will be fully protected
*Shareholders and certain unsecured debtholders will not be protected
*New Fed 13(3) facility announced with $25 billion from ESF to backstop bank deposits pic.twitter.com/LKipIRMg1T
Signature is one of the main banks to the cryptocurrency industry
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Go to bed wagecuck, you need to make it to your morning shift. My billion dollar deposit won't be made whole on it's own!
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The banks are going to have to pay for it, amusingly. It’s over for JPMorgancels.
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Explain how do you strengthen the banking system by making banks pay for it. It's clear the american taxpayer will, once again, be cucked by the banking chads.
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