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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by dmix on Sunday March 12, 2023 @09:58PM (#35129763)
It always works that way in practice, but I still think announcing the guarantee so early may have been a thing to calm the market. It is likely they just looked at the assets and figured out how to cover it all without dipping into some other gov $$, as part of the sale of the business. And something to do with finding a buyer for the mortgage security that they had (just speculating).

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