News for hackers. Stuff that matters.
Re:Bank Run at Silicon Valley Bank by aftbit on Thursday March 09, 2023 @07:24PM (#35088865)
Could they instead hold short-term treasuries (as short as 4 weeks, I believe) and refuse to honor large withdraws until they mature?
Re:Bank Run at Silicon Valley Bank by ttt333 on Thursday March 09, 2023 @09:23PM (#35089666)
Short term treasuries are definitely pretty common on the asset side, but if you refuse to honor withdrawals on demand deposits you won't have a bank anymore and the FDIC will step in to wind things down