Re:FDIC Takes over Silicon Valley Bank
by jen20 on Saturday March 11, 2023 @05:56AM
(#35107216)
That wasn’t the point: they can be as happy as they like about making payroll today, but they’ll be screwed when their customers don’t make their invoices tomorrow.
[ Parent
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Re:FDIC Takes over Silicon Valley Bank
by hn_throwaway_99 on Saturday March 11, 2023 @11:33AM
(#35109857)
My point is that not all of their customers were also SVB clients. It's faulty logic to assume that everyone's screwed because one bank failed.