[twelve40]

most of the "startup bros deserve to die anyway" drivel I've read so far claims that the shortfall was minimal and the "bailout" was really unnecessary. In which case this special assessment will be small and likely to be covered by existing fdic reserves without those terrible fees passed on to the consumer.

[ericpauley]

My understanding is that the bailout cannot simply permanently pull from existing funds (which by the way were also paid by the depositor). There has to be a special assessment for any payout on uninsured deposits.

[quickthrowman]

Their portfolio of startup loans is definitely not going to be sold for face value, I’d be surprised if bids are above 50. Unprofitable companies in a rising rate environment aren’t who you want to be lending to..