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sriram97
on March 13, 2023
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Joint statement by the Department of the Treasury,...
As pointed out a totally avoidable problem. Glad Fed backstopped. Also dont like calling this a bailout - it's not.
sriram97
on March 12, 2023
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SVB Securities management exploring buying firm ba...
Shareholders are lowest in the totempole. They get zero. Debt and deposits take priority
sriram97
on March 12, 2023
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SVB Securities management exploring buying firm ba...
It depends. A larger bank may not be allowed to do so if they are a g-sib.
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