FDIC Takes over Silicon Valley Bank

Re:FDIC Takes over Silicon Valley Bank by yeahsure22 on Friday March 10, 2023 @01:09PM (#35098430)

Assets - 100b Liabilities - 130b

Who is going to buy this bank? I wouldn’t take it if you gave me 40b. That’s why they had to make a new bank.

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Re:FDIC Takes over Silicon Valley Bank by makestuff on Friday March 10, 2023 @01:49PM (#35099082)

Probably the good old federal government. Something something too big to fail.

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Re:FDIC Takes over Silicon Valley Bank by toomuchtodo on Friday March 10, 2023 @01:59PM (#35099234)

I love the optics of remnants of Silicon Valley bank being owned by the gov alongside Fannie and Freddie. Behold the graveyard of poor risk management.

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