Re:What does Silicon Valley Bank’s collapse mean for the fin...
by albert_e on Friday March 10, 2023 @08:32PM
(#35104096)
as opposed to being bailed OUT?
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Re:What does Silicon Valley Bank’s collapse mean for the fin...
by cm2187 on Friday March 10, 2023 @08:35PM
(#35104125)
Well they are not being bailed out, they are being liquidated. A bail-in is the power given to regulators to write down debt holders to auto-recapitalise the bank so it can re-open healthy the following Monday. A sort of instanteneous, extra-judicial chapter 11.
Re:What does Silicon Valley Bank’s collapse mean for the fin...
by JumpCrisscross on Friday March 10, 2023 @08:36PM
(#35104132)
> bail-in the power given to regulators to write down debt holders to auto-recapitalise the bank so it can re-open healthy the following Monday
SVB’s debts is likely to be impaired. That isn’t enough, however.