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Post# of 1987
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SilentWolf

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SilentWolf

Re: surfer44 post# 1788

Thursday, 03/23/2023 12:14:40 PM

Thursday, March 23, 2023 12:14:40 PM

Post# of 1987
FRC received 30 billion from several banks, so they could pay for massive withdrawals. If I understand it, they took depositor equity from one bank to pay off depositors in another. There was a time when that would be called a Ponzi scheme. We sure live in strange times.
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