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> if the FDIC's current funds can't cover the bill The FDIC's current funds were $128.2 billion on December 31 2022 SVD had ~$200 billion of deposits December
by shapefrog 4y ago
> if the FDIC's current funds can't cover the bill
The FDIC's current funds were $128.2 billion on December 31 2022
SVD had ~$200 billion of deposits December 31 2022 - but obviously had significant withdrawals prior to being taken over. Likely < 100 billion remained.