> At the same time, this is yet another example of changing the rules in the mid... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		tick_tock_tick on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... > At the same time, this is yet another example of changing the rules in the middle of the game Every time the FDIC has stepped in like this they have made all depositors whole. This is not new behavior.

mlyle on March 14, 2023 [–]

> Every time the FDIC has stepped in like this they have made all depositors whole.

This is a false assertion. Usually depositors end up losing some of their money above the insurance limits-- only not doing so if the amount of remaining assets proves sufficient to pay the liabilities.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact