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re: Who is paying for the uninsured deposits for SVB?
Posted on 3/12/23 at 11:35 pm to schexyoung
Posted on 3/12/23 at 11:35 pm to schexyoung
quote:
Bond holders in the back of the line.
It’s doubtful the sale will generate proceeds that reaches bond and equity holders.
Why are they any different then depositors who lent the bank money
I agree you are right but depositors should have known better
1
Posted on 3/13/23 at 1:45 pm to thelawnwranglers
quote:
I agree you are right but depositors should have known better
When you buy bonds, you (should) be studying the financials and making a studied investment decision.
No one, and I mean no one, decides to open up a checking and savings account based on the financials of the bank.
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