At no cost to the tax payer?
I keep on reading bail out but I’m inclined to think it’s going to more like a bail in. Depositors transformed into shareholders. I read about these possible type of changes after the last banking crisis.
Readit Newsmactitan commented on Joint statement by the Department of the Treasury, Federal Reserve, and FDIC home.treasury.gov/news/pr... · Posted by u/FormerBandmate
The negative development in our service business underscores that we have much work ahead of us to stabilize our business and return to profitability," said Siemens Gamesa Chief Executive Jochen Eickholt, who joined from Siemens Energy last year.
https://www.americanthinker.com/blog/2023/02/wind_power_make...