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by ncallaway 1195 days ago
> The most they get out on Monday is $250k, how long it takes the government to make good on the receivership certificate is unknown

This isn’t quite accurate. The FDIC statement said they would make an advance payment on uninsured deposits within the next week.

So, there’s a guarantee that there is some money beyond 250k coming in less than a week. My guess is the other commenter’s analysis is close. The FDIC will determine the absolute floor of the value of assets that SVB had, and that will be the basis of the advance payments.

That will be the foundation of liquidity that companies will have while they wait for the rest of the process to conclude.