Suncor Energy Inc. T.SU

So Who has Biden bailed out with his decision on SVC?

[Experienced]

Interesting question!!

As I mentioned before, Biden has decided to make anyone who has invested over the FDIC limit of $250K whole.  Many of these investors are Democrat party hacks and puts a lie to his public persona that he is going to tax the rich to help the poor.

So who/what is an example of the people who will be paid off at taxpayer expense for his decision?

Well a good example is Actress Sharon Stone.  Love her as an actress..especially in her famous scene...BUT.....she is getting bailed out by Biden paid for by the middle class in the US.

Her net worth?

Approximately 60 million!!!

So people under Biden who are trying to make ends meet are bailing out people with more money then can ever spend in the rest of their lives.


Does this make sense?

Judge for yourselves!!

Gotta wonder if the sheep in the US electorate will appreciate the hypocrisy!!!

[Obscure1]

The Obvious: Biden admin bailed out the depositors, not the investors.  Bailing out the investors was no longer an acceptable option after 2008. The not so Obvious: The Dems had their finger prints all over the crime scene.  If the depositors hadn't been bailed out, they would have been all over the media to find out who "stole" their money.  In the case of SVB, the

[Konaboy]

As J.P. Morgan chief economist Michael Feroli said this week: “There’s an old saying: Whenever the Fed hits the brakes, someone goes through the windshield.” It’s still unclear how many other companies and financial institutions didn’t have their seat belts on.

[Experienced]

While I generally agree with much of you said, there are some important considerations/differences which are important in the case of SVC and Signature and Republic. A run on a bank occurs when people think that their deposits are at risk.  In the US the FDIC insures depositors up to $250K at each bank.  In the case of SVC virtually all of the depositors besides being linked to the

[meritmat]

So is this the beginning or did the Feds catch it in time?