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> 97% of deposits in SVB exceeded the FDIC threshold. The question is, by how much on average? That's just a math problem. If you assume all deposits are at le
by banannaise 4y ago
> 97% of deposits in SVB exceeded the FDIC threshold. The question is, by how much on average?
That's just a math problem. If you assume all deposits are at least 250K, you can get a floor for that number. If 97% of deposits exceeded threshold, then the average deposit is at least $8.3 million.