The radicals at the FDIC wouldn't allow private buyer to save Silicon Valley Bank
1 year ago
1.33K
From Tom Elliott:
Kevin Hassett reveals "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren’t going to allow that to happen ... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren’t."
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