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And if the Fed had backstopped Silvergate rather than letting it fail, then SVB wouldn’t have needed the same thing (which did get the bailout). Turtles all the

And if the Fed had backstopped Silvergate rather than letting it fail, then SVB wouldn’t have needed the same thing (which did get the bailout). Turtles all the way down

FormerBandmate 4y ago
Silvergate is a winddown the same way SVB and Signature will end up being. No one loses their money, even stockholders get some money. It was just more structured