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A comment on FDIC Takes over Silicon Valley Bank. Parent comment

Re:FDIC Takes over Silicon Valley Bank by drewbeck on Friday March 10, 2023 @06:10PM (#35102591)
Wow, is this common? From a systems perspective it seems like pure folly, increasing systemic risk and reducing resilience. (from SVB’s perspective I’m sure it seemed great …) it feels like it should be illegal !
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Re:FDIC Takes over Silicon Valley Bank by roflyear on Friday March 10, 2023 @08:02PM (#35103803)
I asked a handful of people with experience in those things and they all said it is very common. I was very surprised as well.
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