Saw that this morning. My understanding is that there wasn't even enough FDIC money to pay out SVB depositors at 100%. Which means they are printing because there are two other banks where the depositors need to be bailed out at 100%.

EDIT: Keep in mind these depositors got reimbursed at well over the 250K limit. Oprah supposedly had over 1/2 billion in SVB.

Saw that this morning. My understanding is that there wasn't even enough FDIC money to pay out SVB depositors at 100%. Which means they are printing because there are two other banks where the depositors need to be bailed out at 100%.