> They do, if their assets get acquired by other banks who also invest in long t... | Hacker News

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mgfist on March 12, 2023 | parent | context | favorite | on: Yellen says government will help SVB depositors bu...

> They do, if their assets get acquired by other banks who also invest in long term bonds, says at a discount?

"Hi it's me, rival bank. I'll buy those bonds of yours, buuut my best offer is 70 cents on the dollar".

UncleEntity on March 12, 2023 [–]

Hi, it’s me, Uncle Sam, I’ll buy those assets at face value because that’s what I do. No Open Market Committee buying of the stocks, though.

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