Finance

Bill Ackman says U.S. did the ‘right thing’ in protecting SVB depositors. Not everyone agrees

March 13, 2023 admin-dominor Banks, business news, Central banking, Economic events, interest rates, Janet Yellen, Jerome Powell, Signature Bank, SVB Financial Group, U.S. Economy, United States, wall street, World Markets

Billionaire investor and Pershing Square CEO Bill Ackman said the U.S. government's intervention to protect depositors after the implosion of SVB is "not a bailout."

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