alt Hacker NewsAh-hem SVB?
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matwood • today at 1:56 PM
SVB was not bailed out. Depositors were made whole (as they should be), but shareholders were completely wiped out (as they should have been).
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Ah-hem SVB?
SVB was not bailed out. Depositors were made whole (as they should be), but shareholders were completely wiped out (as they should have been).
An outlier in historical terms (i.e. the last 20 years)
https://projects.propublica.org/bailout/list