Re:Yellen says government will help SVB depositors but rules...
by nradov on Sunday March 12, 2023 @06:41PM
(#35127322)
Yes, if the bank isn't acquired then the assets will be liquidated and depositors will receive most of the proceeds. They are relatively senior in a bankruptcy process.
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Re:Yellen says government will help SVB depositors but rules...
by girvo on Sunday March 12, 2023 @08:29PM
(#35128856)
Right, that makes sense to me. So I guess I'm confused by the other commenters suggesting that depositors should only receive the $250,000 and no more. What are they proposing happens to the remaining money?