|
|
|
|
|
|
by BaseballPhysics
1196 days ago
|
|
|
Also it's not "bailing out" in this case. SVB has a liquidity problem. What they need is a couple billion short term debt (which they just about got before things blew up) to support cash outflows while they unwind their bond positions. This is not the same as tax payer money going straight into the pockets of creditors ala FDIC insurance. |
|
|