News for hackers. Stuff that matters.

A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment

Re:Yellen says government will help SVB depositors but rules... by kristjansson on Sunday March 12, 2023 @12:34PM (#35122235)
This cannot be said enough times. FDIC insurance is only the absolute floor on recovery. SVB depositors might (might!) face a haircut, but it’ll be one worth of the name.
[ Parent | on HN ]

There are no comments on this comment yet.