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jh937hfiu3hrhv9 t1_jcbeq6j wrote

Reply to comment by politico in We’re POLITICO econ/finance reporters and a bank regulation expert. Ask us anything about economic politics and policy after Silicon Valley Bank’s shocking collapse. by politico

So their assets are crap and nobody will buy them but the FDIC and taxpayers are bailing out banks again. Cool.

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politico OP t1_jcbf2ps wrote

Nah, they've got a lot of good assets. But the real reason another bank would want to buy them is relationships with all those customers (a big chunk of whom are tech startups). - Victoria

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jh937hfiu3hrhv9 t1_jcbjulf wrote

What are the startups besides apps to extract and sell personal information to advertisers?

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