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Re:FDIC Takes over Silicon Valley Bank by engineeringwoke on Friday March 10, 2023 @12:37PM (#35097906)
There's a $40 billion hole in their balance sheet...
Re:FDIC Takes over Silicon Valley Bank by gumby on Friday March 10, 2023 @01:50PM (#35099108)
As fairity pointed out in a comment to this thread, "The FDIC report shows $209b in assets and $175b in deposits."

Unfortunately much of their balance sheet is illiquid (consider loans they've made to venture-backed businesses, and of course a poor choice they made in government debt maturity).

Thus a liquidity crisis; technically also insolvency, but not gross mismanagement and excessive leverage by any means. Unwinding it will be quite routine (see my reply to kmod).