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kelly1mm

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2. "No losses will be borne by the taxpayer" How do they know this and who, if not the

Sun Mar 12, 2023, 07:29 PM

Mar 2023

taxpayer will be bearing the (admittedly small) losses to depositors? It is my understanding that SVBs assets, if held to maturity (which is the cause of this failure - having to cash in assets at a discount early to satisfy depositors excessive withdrawals) would cover or almost totally cover all deposits. Is the fed going to make the depositors wait till maturity to get their money? If not they will be selling at a discount and then there will not be enough funds to cover the deposits. Who is picking up that difference?

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This message was self-deleted by its author [View all] icymist Mar 2023 OP

the best way to rob a bank us to own one. rampartc Mar 2023 #1

"No losses will be borne by the taxpayer" How do they know this and who, if not the kelly1mm Mar 2023 #2

The other banks will bear the losses (if any) FBaggins Mar 2023 #5

What other banks? As far as I know no other bank is buying SVB. Now they may kelly1mm Mar 2023 #7

All of them FBaggins Mar 2023 #12

This looks like smoke to me. LuckyCharms Mar 2023 #3

Liquidity and asset/liability balance aren't the same thing FBaggins Mar 2023 #9

Technically they have (had) assets to cover deposits but they were in long term treasuries kelly1mm Mar 2023 #10

This statement is BS angrychair Mar 2023 #4

Here we go again a bank fails after they doc03 Mar 2023 #6

Crypto currency should not be made whole in US dollars sanatanadharma Mar 2023 #8

This message was self-deleted by its author JCMach1 Mar 2023 #11

Closing this thread down as there is an earlier one I didn't see on this subject. icymist Mar 2023 #13