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They're asking to "be made whole," but are "not asking for a bailout." What exactly do they want, then?
by owlglass 4y ago
They're asking to "be made whole," but are "not asking for a bailout." What exactly do they want, then?
- doodlesdev 4y agoA bailout, but they want it to be called something else lol.
- fshbbdssbbgdd 4y agoThe most plausible idea would be some other bank buys SVB. Depending on the current state of SVB’s balance sheet (which is not publicly known), other banks may be willing to pay as little as $0 or there may be no takers.
- fbdab103 4y agoWhat is the incentive for someone to buy SVB? Just to stop the spread of contagion or is there any scenario in which that was a profitable move?
- Denvercoder9 4y agoIf you're well-capitalized, so you can weather the bank run, and have time, you might be able to sell SVB's assets for more than their liabilities.
- deleted 4y ago[deleted]
- morelisp 4y agoWhich is what the FDIC is going to try to achieve anyway, and doesn't need a bathetic orison to Yellen to happen. .... which is maybe a weak signal that nobody's biting yet and YC feels the need to escalate to actual government money ASAP.