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re: Silicon Valley Bank was bailed out with billions of dollars, who was held accountable?
Posted on 2/21/24 at 9:01 am to LSUBanker
Posted on 2/21/24 at 9:01 am to LSUBanker
quote:And most the “hit” is just NPV. They will get almost all of the cash back as the treasuries mature.
FDIC took the hit and not taxpayers. Banks pay premiums to FDIC and when when the fund gets low they charge more to banks to refill it. The largest banks pay the most.
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