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No losses will be borne by the taxpayers. Let me repeat that: No losses will be borne by the taxpayers, the management of these banks will be fired. If the bank is taken over by FDIC, the people running the bank should not work there anymore.

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Joe Biden

Joe Biden

Joseph Robinette Biden Jr. is an American politician who is the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.

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    "Joe Biden Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Nov. 2024. <https://www.quotes.net/citizen-quote/480964>.

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