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Cackling like a madman right now(hexbear.net)

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Posadas [he/him, they/them]@hexbear.net
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chapotraphouse@hexbear.net
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Circle_circle [any]@hexbear.net
7 points
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In the scenario, the person can either put 5 mil in SVB, lose it, and then get it all back without any worry or they can put that 5 mil into another bank and if it failed, they would lose that 5 mil.

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MaoistLandlord [he/him]@hexbear.net
4 points

Ah okay. That makes sense. But didn’t the fed seize it? I thought once that happens they’re gonna get liquidated and normal operations stop

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chapotraphouse

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