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Hiltzik: The truth about bailouts - Los Angeles Times

Critics of the government response to the Silicon Valley Bank collapse say it's a taxpayer-funded bailout. They're wrong.

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Michael Hiltzik: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent

Michael Hiltzik: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent
kansas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kansas.com Daily Mail and Mail on Sunday newspapers.

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Michael Hiltzik: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent

What's the dirtiest word in financial policy? My vote goes to "bailout." The term evokes giveaways to the most undeserving of fat cats, people who accept "responsibility" for financial crises

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Links 4/11/2023 | naked capitalism

Our prescient daily links: Yoko's girlfriend pick, parental child exploitation, moar Long Covid, US provokes China warning Taiwan, Macron-China freakout, UK doctor strikes, "leak biopsy," Biden digital influencers, Dem abortion fail, zombie banks, delusional Fed? Obamacare ruined healthcare

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A legal scholar says the Dodd-Frank act put in place after the Great Recession proved to be useless amid SVB's collapse

How do you teach banking law to college students after the collapse of Silicon Valley Bank? That’s the question Adam Levitin, a professor of law at Georgetown…

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Were the Bank Bailouts the Result of Rising Wealth Concentration?

Are many of the explanations of the recent bank tsuris barkign up the wrong tree?

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The Road to Auto Debt | Online Only | n+1 | Julie Livingston and Andrew Ross

For most of us, our cars, no matter how much we cherish them, hold us in social and economic custody. As more and more vehicles are financed, and with higher loans and interest rates, creditors exert a carceral pull over our ability to earn a sustainable livelihood. Perhaps the most telling evidence of this servitude is that, in times of financial stress, households will prioritize their monthly car payments over all others, including basic necessities. Surely it is the mark of our perverse civilization when food, medical care, and housing have to take a back seat to our need to keep wheels on the road.

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Mortgage Bankers Scrambling Over Conservative Court Ruling

Faced with the potential invalidation of CFPB’s funding structure, the top lobbyist for mortgage companies asks Congress to write the agency’s rules into law.

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Links 12/28/2022 | naked capitalism

Our saturnalian daily links: demon cats, vaccine hesitancy, psychedelics, new Covid study freakout, China supply chain whackage, Putin v. oligarchs, Serbia-Kosovo flareup, 1/6, Supremes block end to Title 42, cypto lawyering, Harvard grade inflation, Karens for hire

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We Are Sixteen Years Old | naked capitalism

Wow! Sixteen years! A short walk down memory lane and many thanks.

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