Yellen says government will help SVB depositors but rules out bailout

Re:Yellen says government will help SVB depositors but rules... by ouid on Sunday March 12, 2023 @11:12AM (#35120960)

Being at the top of the line in bankruptcy proceedings is the law. So they shouldn't be generally subject to lessons from the government that go beyond that...

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Re:Yellen says government will help SVB depositors but rules... by Denvercoder9 on Sunday March 12, 2023 @11:18AM (#35121063)

Nobody is saying that depositors shouldn't be at the top of the line. They're saying that if there's not enough money to pay back even them, the goverment shouldn't jump in to make up the shortfall (beyond the $250K it has insured).

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Re:Yellen says government will help SVB depositors but rules... by ouid on Sunday March 12, 2023 @11:32AM (#35121258)

parent comment is in response to OC laying out the standard payment schedule for bankruptcy proceedings...

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