SVB's 'Investors' are not covered...just depositors, of which many are small businesses...also,

TyroneIrish 25868 posts Joined:
Posted

taxpayers won't be footing the bill.

Meanwhile...back to the Trump admin's 2018 bill that loosened regulations on banks like SVB...a "Stress Test" on SVB would have highlighted the very risky financing of SVB's "Hold To Maturity" bonds.

Link: https://www.npr.org/2023/03/12/1162975615/the-u-s-takes-emergency-measures-to-protect-all-deposits-at-silicon-valley-bank

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