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There are hundreds of billions in assets owned by SVB. The accounts with grocery assets likely contain companies that will be future unicorns. What is there to
by mind-blight 4y ago
There are hundreds of billions in assets owned by SVB. The accounts with grocery assets likely contain companies that will be future unicorns.
What is there to burn? A large bank will likely purchase the assets/debts outright, the shareholders will get screwed, and the depositors likely be made whole. There's no bailout in that scenario