David Sacks

@DavidSacks ↗

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Last Checked April 3, 2023

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Mon Mar 13 03:40:17 +0000 2023

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David Sacks @DavidSacks

RT @BillAckman: This was not a bailout. During the GFC, the gov’t injected taxpayer money in the form of preferred stock into banks. Bondho… — PolitiTweet.org

Posted March 13, 2023 Retweet

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David Sacks @DavidSacks

The problems in our banking system aren’t over. They’re just getting started. But at least now we have some amount of time to deal with them. (H/t @balajis) https://t.co/f92P2yqQup — PolitiTweet.org

Posted March 13, 2023

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David Sacks @DavidSacks

To be clear, I’m talking about the uninsured portion of deposits, which is significant in many cases. The Fed took important steps last night to guarantee these deposits. However, it may be necessary to go further as @BillAckman is suggesting. https://t.co/WrJHTL2Khp — PolitiTweet.org

Our economy will not function effectively without our community and regional banking system. Therefore, the… https://t.co/38mcc75M9a

Posted March 13, 2023