Re:Yellen says government will help SVB depositors but rules...
by Denvercoder9 on Sunday March 12, 2023 @10:59AM
(#35120783)
> For the rest, they will have to wait for assets to be sold.
Actually, that's not completely true; FDIC also says that they'll pay an advance dividend to uninsured depositors next week. That likely won't be the full balance, but they'll get at least part of their deposits back before assets are sold.
Actually, that's not completely true; FDIC also says that they'll pay an advance dividend to uninsured depositors next week. That likely won't be the full balance, but they'll get at least part of their deposits back before assets are sold.