2 ms·
> There is no moral, philosophical, or biblical truth that FDIC insured depositors must be paid out first. No, but it is US federal bankruptcy law. And it was
by HWR_14 3y ago
> There is no moral, philosophical, or biblical truth that FDIC insured depositors must be paid out first.
No, but it is US federal bankruptcy law. And it was when all the business relationships with SVB were made.