Posadas [he/him, they/them] to chapotraphouse • 2 years agoCackling like a madman right nowimagemessage-square18 fedilinkarrow-up189file-text
arrow-up189imageCackling like a madman right nowPosadas [he/him, they/them] to chapotraphouse • 2 years agomessage-square18 Commentsfedilinkfile-text
minus-squareCircle_circle [any]hexbear7·edit-22 years agoIn the scenario, the person can either put 5 mil in SVB, lose it, and then get it all back without any worry or they can put that 5 mil into another bank and if it failed, they would lose that 5 mil. link
minus-squareMaoistLandlord [he/him]hexbear4·2 years agoAh okay. That makes sense. But didn’t the fed seize it? I thought once that happens they’re gonna get liquidated and normal operations stop link
In the scenario, the person can either put 5 mil in SVB, lose it, and then get it all back without any worry or they can put that 5 mil into another bank and if it failed, they would lose that 5 mil.
Ah okay. That makes sense. But didn’t the fed seize it? I thought once that happens they’re gonna get liquidated and normal operations stop