70 Remember the SVB Bailout? Now we know why, 10 Chinese Depositors Needed $13.3 Billion (twitter.com) posted 1 year ago by TerpenoidTester 1 year ago by TerpenoidTester +70 / -0 13 comments share 13 comments share save hide report block hide replies
I gotta be the guy who corrects you saying The Federal Reserve is a privately owned bank not a Federal agency.
The privately owned bank with a .gov website, whose books are notoriously difficult to audit and doesn't conform to GAAP, and whose Board of Governors are appointed by the President and confirmed by the Senate. Sure, guy.
It’s quite the scam they’ve got going.
It's about as private as the treasury dept
Wikipedia is accurate in this case.
https://en.wikipedia.org/wiki/Federal_Reserve#Structure