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by VagueMag 1153 days ago
It's an interesting question in this case because last month a consortium of banks made a big show of depositing $30B "uninsured" as a show of confidence, and it's not clear whether it's still there.
2 comments
zaroth 1153 days ago
What do you mean it's not clear it's still there? It was there when they had their earnings call 4 days ago.
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VagueMag 1153 days ago
4 days is a long time in bank deposit land now!
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tedunangst 1153 days ago
I guess they just bought FRC's loan book at par.
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