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Investors = the people who have ownership of the bank (think stockholers) Depositors = people who have deposits sitting in the bank. Though of another way: I
by rabidonrails 4y ago
Investors = the people who have ownership of the bank (think stockholers)
Depositors = people who have deposits sitting in the bank.
Though of another way:
If you bought SVB on Robinhood then that stock isn't worth anything anymore. If you have money _in_ SVB then it will be available.
- causi 4y agoIf you bought SVB on Robinhood then that stock isn't worth anything anymore. Would it be worth anything after SVB is bought by a larger bank, or does the takeover process zero out shareholders?
- onlyrealcuzzo 4y agoSVB stock is worthless. Doesn't matter if another bank buys the assets & liabilities.
- albatross13 4y agoInvestors pulling out are the reason the stock is down 40%, silly goose.
- rabidonrails 4y agoBut your initial quote is not new information, it's always true. If a company goes out of business then the investors aren't "made whole" by the government, this is a risk of owning stock. Biden isn't providing new information, he's simply scoring political points because it would look terrible if the government was backstopping investors.
- idontwantthis 4y agoHe's not just scoring points, he's letting people know that this won't be like 2008 when the government did save investors by bailing them out.