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I don't doubt it. The classic time for FDIC to invade a corp headquarters is Friday afternoon (the cliché is that they show up with lots of pizza) so they have
by jpmattia 4y ago
I don't doubt it. The classic time for FDIC to invade a corp headquarters is Friday afternoon (the cliché is that they show up with lots of pizza) so they have max time to resolve it before opening of biz on Monday.
I think odds are good that we see that this weekend.
Edit: aaand FDIC couldn't wait until COB
https://finance.yahoo.com/news/fdic-closes-silicon-valley-bank-after-bank-fails-to-raise-new-capital-165322938.html https://finance.yahoo.com/news/fdic-closes-silicon-valley-ba...