madeoutofmeat [he/him] to

news • 2 years ago

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107

Permanently Deleted

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madeoutofmeat [he/him] to

news • 2 years ago

cross-posted to:
chat

Federal Reserve lent $300 billion in emergency funds to banks in the past week

Nearly half the money — $143 billion — went to holding companies for the two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets.

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NephewAlphaBravo [he/him]
·
2 years ago
I have no faith that these won't just be forgiven like the round of loans during early covid.

link
- CanYouFeelItMrKrabs [any, he/him]
  ·
  2 years ago
  The PPP loans given to business came from Congress I think. A ton of those got forgiven while of course student debt did not
  
  link

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