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So is it correct to assume that all the other banks back stopping SVB?
Posted on 3/12/23 at 8:53 pm
Posted on 3/12/23 at 8:53 pm
And the taxpayers have no exposure? The DIF only has ~$130B in it, so I guess they're going to increase the assessment on banks to replenish any shortfall created by the SVB takeover?
1
Posted on 3/12/23 at 9:25 pm to Street Hawk
Yeah I imagine banks are gladly going to pay more to instill confidence nationally
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