This American Life had an episode on the process some time ago: https://www.thisamericanlife.org/377/scenes-from-a-recession/act-two-3 https://www.thisamericanl

This American Life had an episode on the process some time ago: https://www.thisamericanlife.org/377/scenes-from-a-recession/act-two-3 https://www.thisamericanlife.org/377/scenes-from-a-recession... This is proceeding as it should, and despite the terrible circumstances we should be proud that there are actual functioning institutions to take care of this process. Depositors may not be made whole, but it doesn't look like SVB had a bunch of mortgages of defunct malls in Las Vegas (and similar) like back in the housing crisis. Depositors seem likely to get half their funds back this week and then most of the rest (though likely not all) over the coming weeks.