these are business accounts. You can't cover biweekly payroll of a large company with 250k. Depositors should not have to worry about the stability of a bank. The equity holders should get screwed over but not the depositors. SVB should be liquidated by FDIC to pay out dividends to depositors.
these are business accounts. You can't cover biweekly payroll of a large company with 250k. Depositors should not have to worry about the stability of a bank. The equity holders should get screwed over but not the depositors. SVB should be liquidated by FDIC to pay out dividends to depositors.
if it can be paid for through a liquidation sure, help the depositors. But, it is a big HELL NO, to another tax payer funded bailout.