[_heimdall]

That makes a lot of sense, thanks! I had been wondering where the FDIC got the money to cover since the fund was already berks it's minimum required balance and didn't have the liquidity.

I hadn't seen any reports confirming a Fed loan but that seems like about the only way it could have worked.

[Rapzid]

Yeah, just like a bank won't leave 128bn sitting around doing nothing the FDIC also prob at least puts in to bonds and etc(I don't know the breakdown).

I wasn't aware of any of this until a few weeks ago had to research. As a disclaimer and promotion of independent research haha.