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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think some of you should read more books.

1. SVB had a liquidity problem, not an asset problem. Failure had nothing to do with “bad loans” to Tech or Crypto. (If anything they were locked into “bad loans” to the US Govt in low rate Treasuries, which all banks hold at ridiculous levels because the law says USG debt is infallible and safe so banks must hold a lot… hmmm.)
2. Depositors insured and uninsured will recoup all of the money. Insured by Monday. Uninsured 50%+ next week, the remainder to follow. 
3. 97% uninsured deposits is a lot. But it has nothing to do with brokered deposits. Tech, VC, etc kept their cash there because SVB catered to those sectors and until the last few weeks SVB was adored for doing so. 
4. Systemic risk is minimal. This ain’t Lehman. There will be some ripples, but that’s it. No need to panic. [/quote]

why do you assume the uninsured deposits will be returned next week? can the FDIC solve the liquidity problem? and then what happens when fhe startups default on their loans?

you sound like a finance bro. so sure of yourself. [/quote]

You are very clueless about start ups.  Without access to deposits, payroll will quickly be missed and these places will fold fast.  That will hit the VCs that funded them.  It’s a house of cards.  Missing payroll for a small business is the end.  [/quote]

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