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hn_throwaway_99
on March 12, 2023
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Joint statement by the Department of the Treasury,...
Silvergate was already getting wound down, and unlike SVB and Signature didn't need a fed backstop.
cavisne
on March 12, 2023
[–]
so silvergate assets exceeded/matched its deposits? I know it was a pretty niche bank just curious as I thought it was in a way worse position.
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