Matthew Yglesias

@mattyglesias ↗

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Last Checked March 15, 2023

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Mon Mar 13 11:46:41 +0000 2023

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Matthew Yglesias @mattyglesias

@davidmanheim No. This is a joint Fed/FDIC measure that involves the FDIC invoking exceptional authority that requires Fed concurrence. — PolitiTweet.org

Posted March 13, 2023

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Matthew Yglesias @mattyglesias

@JustinWolfers Seems hard — PolitiTweet.org

Posted March 13, 2023

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Matthew Yglesias @mattyglesias

The biggest moral hazard involved in this rescue isn’t about executives or shareholders or depositors, it’s creating a situation where a handful of podcast cohosts believe they were rewarded for deliberately using their platforms to foment a nationwide banking panic. — PolitiTweet.org

Posted March 13, 2023