Matthew Yglesias

@mattyglesias ↗

Deleted No

Hibernated No

Last Checked March 14, 2023

Created

Sun Mar 12 10:41:16 +0000 2023

Likes

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

Matthew Yglesias @mattyglesias

@kimmaicutler @ClaraJeffery The FDIC is selling SVB’s assets and giving the proceeds to SVB’s depositors — all the drama about ability to access the funds is a made-up problem. The very real problem is the asset sales may not cover 100% of the tab so the people who lent SVB money will lose some of it. — PolitiTweet.org

Posted March 12, 2023

Preceded By

Matthew Yglesias @mattyglesias

29 … I am from the southern part of Manhattan — PolitiTweet.org

24 let’s get it https://t.co/8gdi4QBdco

Posted March 12, 2023

Followed By

Matthew Yglesias @mattyglesias

There’s this false dichotomy between evil “bailouts” of SVB’s creditors and doommongering about inability to access deposits and make payroll. What if the FDIC just does normal resolution, sells assets, everyone can access accounts tomorrow, but depositors lose some money? — PolitiTweet.org

Posted March 12, 2023