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kelly1mm

(5,756 posts)

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

Reply to FBaggins (Reply #5)

Sun Mar 12, 2023, 08:19 PM

Mar 2023

want some of SVBs assets, at a discount of course, but the whole reason the FDIC, Fed and Treasury are starting this program is that no bank stepped up.

Shareholders of SVB will be wiped out yes - we both agree on that.

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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