Higher interest rates have brought America’s bankers both ruin and riches. Less than a year ago rising rates caused Silicon Valley Bank and then First Republic to fail， the largest bank collapses since 2008. Yet on January 12th JPMorgan Chase reported its seventh consecutive quarter of record net-interest income. One reason the crisis did not spread in 2023 is that the Federal Reserve contained it with a new—and generous-loan programme. Unfortunately， that has come at a cost that the Fed should have foreseen. Thanks to another turn in the interest-rate outlook， its intervention has mutated into a free-money machine for any bank brazen enough to exploit it.
受托人无视或违背所有人的权利或提出与寄托人的所有权不兼容的权利主张留占受托财产，藉破坏受托财产或非法干预委托人行使财产使用权和受益权，或为自己或第三人利益而占有、控制受托财产等情形，损及寄托人的财产所有权或占有权的行为。
