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I suspect, there will be a bailout. Silicon Valley has very good relationship with the current White House. It would not be a stretch to make the case for a bai
by g42gregory 4y ago
I suspect, there will be a bailout. Silicon Valley has very good relationship with the current White House. It would not be a stretch to make the case for a bailout. All the Government has to do is to provide $10-$30B (?) worth of liquidity of the next 2 - 3 years, until the rates will go down. Then, they could sell the whole fixed income portfolio.
- dehrmann 4y agoThe very strong argument for a bailout is if there isn't one, every company will look very hard at where their cash is, and shifting it around could cause more bank runs. With how fast this went, there needs to be something concrete on Monday.
- dr_dshiv 4y agoAnd they’d make money on the bailout, right?
- shawabawa3 4y agoWhat makes you think rates are going down in the next 2-3 years? Rates could continue going up and put SVB further underwater