Re:FDIC Takes over Silicon Valley Bank
by t0mas88 on Friday March 10, 2023 @04:27PM
(#35101322)
But from what I read it's common for FDIC to "sell" to the acquiring bank at a price that wouldn't make a loss.
So if you marked to market all those long term bonds and then sold SVB to a bigger bank at the resulting (possibly negative) valuation. Why wouldn't a big bank take that deal?
So if you marked to market all those long term bonds and then sold SVB to a bigger bank at the resulting (possibly negative) valuation. Why wouldn't a big bank take that deal?