Re:Yellen says government will help SVB depositors but rules...
by akira2501 on Sunday March 12, 2023 @02:01PM
(#35123687)
There's a marketing angle to calling yourself "Silicon Valley Bank."
This is just the ugly side of that marketing playing out.
Meanwhile, the FDIC is required to do whatever is less costly to the FDIC insurance fund. There really isn't a lot of choice in the matter from the government's perspective.
This is just the ugly side of that marketing playing out.
Meanwhile, the FDIC is required to do whatever is less costly to the FDIC insurance fund. There really isn't a lot of choice in the matter from the government's perspective.