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sriram97

As pointed out a totally avoidable problem. Glad Fed backstopped. Also dont like calling this a bailout - it's not.
Re:SVB Securities Management Exploring Buying Firm Back on Sunday March 12, 2023 @08:50AM (#35119474)
Shareholders are lowest in the totempole. They get zero. Debt and deposits take priority
Re:SVB Securities Management Exploring Buying Firm Back on Sunday March 12, 2023 @08:48AM (#35119464)
It depends. A larger bank may not be allowed to do so if they are a g-sib.