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They are very unlikely to do that to normal individual account holders. It would undermine the purpose of providing the deposit insurance in the first place.
by twblalock 4y ago
They are very unlikely to do that to normal individual account holders. It would undermine the purpose of providing the deposit insurance in the first place.
- deleted 4y ago[deleted]
- digitaltrees 4y agoI would bet many accounts had balances well over the $250k cap and had larger withdrawals that, if left completed, would reward the first movers in the run on SVB to benefit to a greater extent than account holders that waited. I agree that people below the threshold won’t see claw backs.