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

Por: Los Angeles Times Business April 21, 2023

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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 as long as that doesn't involve punishment. Bailouts exemplify the long dishonorable principle of privatizing profits and socializing losses — that is, we're going to mulct the consumer for every cent of black ink but stick it to the taxpayer... + full article



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