3 ms·
> Haircut is guaranteed in this political climate since there is no appetite for a bailout. At least not for SVB. The later ones could be bailed out but SVB is
by searealist 4y ago
> Haircut is guaranteed in this political climate since there is no appetite for a bailout. At least not for SVB. The later ones could be bailed out but SVB is a goner.
SVB stock and bond holders will lose everything but it is far from guaranteed that depositors will take a haircut.