Joint statement from US Treasury Dept, the Federal Reserve and the FDIC.

@w7voa "no losses will be borne by the taxpayers" except bailout money will be funded by taxpayers' taxes.

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@ygalanter @w7voa no, the "bail in" is funded by commercial banks. Unless you have money deposited at a bank, or do business with an organisation that do, you will not fund any of this.

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