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re: Make no mistake, Silicon Valley Bank was woke
Posted on 3/12/23 at 7:56 am to theronswanson
Posted on 3/12/23 at 7:56 am to theronswanson
Totally fail = literally do nothing above FDIC insurance if even actually applicable here. I meant from the perspective of depositors. It’s still likely the fed orchestrates a shotgun marriage over the weekend with someone like JPM or maybe a tech company (Elon seems interested) to quasi save the bank and keep depositors whole.
I think they should let it burn for many reasons.
I think they should let it burn for many reasons.
This post was edited on 3/12/23 at 7:57 am
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