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Depositors would have lost up-to $X - 250000, not 10%. SVB is down ~10% but that doesn't mean everyone would have actually been made whole from the money.
by kevingadd 4y ago
Depositors would have lost up-to $X - 250000, not 10%.
SVB is down ~10% but that doesn't mean everyone would have actually been made whole from the money.
- thegrimmest 4y agoI guess I still don't see a problem. Some business close. Some people find new jobs. Life goes on. I don't see a reason for intervention here.