Yellen says government will help SVB depositors but rules out bailout

Re:Yellen says government will help SVB depositors but rules... by gerad on Sunday March 12, 2023 @11:57AM (#35121670)

It gets repeated over and over again because if SVB money is locked up for weeks/months while they unwind positions startups won’t be able to make payroll.

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Re:Yellen says government will help SVB depositors but rules... by tsimionescu on Sunday March 12, 2023 @12:13PM (#35121906)

So they will use cash flow or sell assets. The biggest risk is large coordinated layoffs affecting the job market, but there are other ways the government can intervene to protect individuals if that gets too dire.

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Re:Yellen says government will help SVB depositors but rules... by baq on Sunday March 12, 2023 @12:43PM (#35122394)

Depositors will get 50% this week, the bonds are already sold. The loan book is more… interesting.

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Re:Yellen says government will help SVB depositors but rules... by MrMan on Sunday March 12, 2023 @02:37PM (#35124254)

I am very interested in how that toxic loan portfolio is valued.

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