I don't think that's how the FDIC insurance works. I was under the impression that the 250k is after liquidation, the last resort. Anyway, SVB was really levera

I don't think that's how the FDIC insurance works. I was under the impression that the 250k is after liquidation, the last resort. Anyway, SVB was really leveraged so I'm not sure how much of their asset book value is recoverable.