Reading this call to Congress, it feels like people believe SVB collapse is similar to FTX. There seems to be a perception that all the uninsured deposits are g

Reading this call to Congress, it feels like people believe SVB collapse is similar to FTX. There seems to be a perception that all the uninsured deposits are gone. This just isn't true - SVB had substantial assets and they will cover a lot more than just the insured deposit amount. SVB also had a business which is worth a lot of money to a company like JP or BofA, and a private company is reasonably likely to pay enough for it that depositors will be made whole. No taxpayer money should be needed here.