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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by evan_ on Sunday March 12, 2023 @07:35PM (#35128192)
One thing nobody seems to be talking about is whether SVB had more assets than liabilities- presumably they did since it was a money-making enterprise, right? So even if they sell at a loss there may be more than enough to cover the liabilities.

We’ll see I guess.

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Re:Joint Statement by the Department of the Treasury, Federa... by dragonwriter on Monday March 13, 2023 @12:07AM (#35130916)
> One thing nobody seems to be talking about is whether SVB had more assets than liabilities

On paper, with some of them at HTM valuation, they did.

At actual market value, I don’t know that an assessment has been done.

> So even if they sell at a loss there may be more than enough to cover the liabilities.

Sure, but there is still a kind of bailout in what amounts to a bridge loan from the FDIC for the uninsured balances.

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