FOXNEWS Americas Newsroom June 4, 2024 13:08:00
Have to actively manage those. the bulk of these bonds that they had were held to mature tee. the fact of the matter is the bond market took one of the worst rubings in the last year devalued their bonds, their core asset started to go down. other things that happened commercial mortgage backed securities are getting dismated in work from home. this was an irresponsible reckless bank. let's be clear. the american public must know every account in this country is insured to $250,000. every single account. this was not about bailing out small accounts. regular americans. the mean bank account is...