News for hackers. Stuff that matters.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by anon291 on Monday March 13, 2023 @10:43AM (#35136336)
Except if fdic simply distributed assets, most depositors would not lose everything, just around 25-30 percent.

Not sure why people are acting as If, without government intervention, depositors would lose everything

Svb is insolvent today but they weren't assetless

There are no comments on this comment yet.