"borrow"
And when they fail to pay back the 'borrowed' money, it's the taxpayer who's obligated to pay it back.
"borrow"
And when they fail to pay back the 'borrowed' money, it's the taxpayer who's obligated to pay it back.
2007 Financial Collapse 2.0?
(Bloomberg) -- Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank’s failure. . . .
2007 Financial Collapse 2.0?
>(Bloomberg) -- Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank’s failure.
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[Source Article](https://finance.yahoo.com/news/banks-borrow-164-8-billion-203000220.html)
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