Ann Lipton on Nostr: All SVB depositors get their funds; same with Signature, which was closed today. I ...
All SVB depositors get their funds; same with Signature, which was closed today. I believe they're calling them both systemic risks. Funded by bank assessments; no protections for shareholders, other creditors
https://home.treasury.gov/news/press-releases/jy1337Published at
2023-03-12 22:41:19Event JSON
{
"id": "876240f85672f4d5f3a573b0e0e30bd3cfaa5335c1763cb794dc66d563249d42",
"pubkey": "9e9df3483381f796e971c4ede9cfa4c409c0bf8ea9e675bc955ef6ce73549a39",
"created_at": 1678660879,
"kind": 1,
"tags": [
[
"mostr",
"https://esq.social/users/annmlipton/statuses/110012719367447348"
]
],
"content": "All SVB depositors get their funds; same with Signature, which was closed today. I believe they're calling them both systemic risks. Funded by bank assessments; no protections for shareholders, other creditors\nhttps://home.treasury.gov/news/press-releases/jy1337",
"sig": "8954466c4aa44ae8fcf0cd5077114b94d52630934c9c37341390767d62c39b45a312b45aa58b43879bde093dabddf7ee060160db4ca2f16bf9dd830c75e49a02"
}