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A comment on Emergency credit line for SVB customers. Parent comment

Re:Emergency credit line for SVB customers by readthenotes1 on Friday March 10, 2023 @07:45PM (#35103626)
Yes it's a good quality but have they been marked to market recently? Mortgages at 3% aren't worth near as much as they used to be. Ditto treasuries at 1%.

If they bought them near the peak value what they can actually sell the income streams for is going to be a lot less than what they paid.

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Re:Emergency credit line for SVB customers by twblalock on Friday March 10, 2023 @08:20PM (#35103976)
Yeah but they will get some money for them. Plus there might be some other options. The FDIC is going to try whatever they can, and it's only been a day.

In the meantime, impacted account holders can get their IOUs and borrow money to make payroll.

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