/biz/ - Business & Finance

>>54093123
>What’s going on I’m too stupid for this!
Bank's already closed. Can't save a sunk ship. The government is guaranteeing that depositors will get their money back, but investors are SOL. The government has assumed control of all of SVB's assets and will use their sell-off / other financial magic to make more money than the depositors are owed, so the tax-payers won't foot the bill, the government gets a chunk of change, and the depositors all get their money back. SVB and investors that allowed this to happen will get nothing, as it should be. This is pretty much the best-case scenario.

>>8231079

>>8230053