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Review & Outlook: The Silicon Valley Bank Bailout
The bill for bad policy comes due, but there’s risk in a second rescue of the banking system in 15 years. The Treasury and Federal Reserve stepped in late Sunday to contain the financial damage from Friday’s closure of Silicon Valley Bank, guaranteeing even uninsured deposits and offering loans to other banks so they don’t have to take losses
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Posted: March 12, 2023 Sunday 08:00 PM