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Excerpt from newsrelease | |||
Re: Supposed to be a special fee on all banks to cover it. Probably cause bank stocks to drop a bit more, so investors are the ones to take the hit. -- robertb | Post Reply | Top of thread | Forum |
Posted by: Russ Walden ® 03/13/2023, 09:15:34 Author Profile Mail author Edit |
Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law. |
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