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> Who will repay this loan in SVB's situation? The FDIC has announced that any shortfalls wlil be paid by the collective member banks. As long as the banks can
by HDThoreaun 4y ago
> Who will repay this loan in SVB's situation?
The FDIC has announced that any shortfalls wlil be paid by the collective member banks. As long as the banks can't pass these costs onto customers it will have no effect on taxpayers. There's good reason to believe that one time supply shocks don't effect prices, so I'd say taxpayers did not foot the bill here. Bank equity holders did.
- chii 4y ago> As long as the banks can't pass these costs onto customers fat chance?