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13.03.2023 - 06:24 [ Fortune.com ]

Silicon Valley Bank won’t get a federal bailout, says Janet Yellen: ‘We’re not going to do that again’

Yellen, in an interview with CBS’ “Face the Nation,” provided few details on the government’s next steps. But she emphasized that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry.

“We’re not going to do that again,” she said.

Nachrichten Kategorie: Kapital / capital. Nachrichten Schlagwörter: (Vor-)Geschichte / (pre-)history, Banken / Banker / banks / bankers, Biden Administration 2021-2025, Finanzministerien / treasury departments / finance ministries, good ideas / gute Ideen, Janet Yellen, Kapital / Kapitalismus / capital / capitalismus, Pleiten / Insolvenzen / Schließungen / bankruptcies / insolvencies / closures / defaults, Silicon Valley Bank, Staat (Machthaber / Regime / Regierungen / Struktur / Exekutive) / state (rulers / regimes / governments / structure / executive branch), Steuern / Abgaben / taxes, subsidies (1. for corporations „bailouts“ and / or 2. monetary injections into economic cycles „stimulus“ / 3. aid / emergency funds / state of emergency / government / regime funding), Troubled Asset Relief Program (TARP), United States of America (USA), und wie schade... / too bad....

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