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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “Signature Bank“

March 13, 2023 Original Analysis

Federal Reserve Launches Program to Bail Out Banks

In the wake of two bank failures, the Federal Reserve and the US Treasury announced a bank bailout program. Last week, Silicon Valley Bank was shuttered by federal authorities after the bank suffered significant losses selling bonds in order to raise capital. When that news hit, depositors rushed to pull funds from the bank, making […]