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I’m still confused by this. Aren’t they making depositors mostly whole by selling all the banks assets? I believe they are at least doing that. But are they als

I’m still confused by this. Aren’t they making depositors mostly whole by selling all the banks assets? I believe they are at least doing that. But are they also injecting money to make up the difference?

kasey_junk 4y ago
The fdic estimates it will cost the fund ~20B https://www.fdic.gov/news/press-releases/2023/pr23023.html https://www.fdic.gov/news/press-releases/2023/pr23023.html
- fundad 4y ago
  Yeah we spared no expense and once you start giving something away you can never stop.
- jhugo 4y ago
  Does that imply that the fund's costs exceed 250K per depositor? How many depositors did SVB have?