Federal Reserve lent $300 billion in emergency funds to banks in the past week
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Nearly half the money — $143 billion — went to holding companies for the two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets.

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  • mkultrawide [any]
    ·
    2 years ago

    No, it's how capitalists value owning one share of equity in SVB. What's the current price?

    The real question should be “how many people in svb got a fat payout?”

    Which can be answer by answering my above question.

      • mkultrawide [any]
        ·
        2 years ago

        Are you talking about the accounting scandal that sent executives to jail and turned the Big 5 in the Big 4?