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The distinction they're making is that in a bailout the money would go to SVB in order for it to continue operation. They don't care if SVB goes out of business
by MatthiasPortzel 4y ago
The distinction they're making is that in a bailout the money would go to SVB in order for it to continue operation. They don't care if SVB goes out of business, they want the government to give the money directly to them. I agree, a distinction without a difference.
- muzz 4y agoIt looks like AT LEAST 80-90% of the deposits will be returned, possibly 100% Truly strange why they are lobbying so hard for government bailouts of the remaining portion, when there might end up being no remaining portion.