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

Re:Emergency credit line for SVB customers by JumpCrisscross on Friday March 10, 2023 @07:56PM (#35103744)
> the assets of the balance sheet exceed the liabilities by a reasonable percentage

Until the FDIC pores over their books, nobody can say anything sensible about what they own, what they sold, what they sent out and what is secured as collateral.

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Re:Emergency credit line for SVB customers by gpm on Friday March 10, 2023 @08:01PM (#35103785)
I mean, I'm just going off the FDIC's assertion that

> As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits.

And I'm not trying to claim that the balance sheet necessarily entirely reflects reality

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Re:Emergency credit line for SVB customers by JumpCrisscross on Friday March 10, 2023 @08:08PM (#35103859)
> as of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits

December 31st, or even March 1st, are virtually irrelevant to a bank collapse today. Assets were sold at a deep discount, presumably some were pledged, and deposits fled.

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