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410- Silicon Valley Bank
InvestED: The Rule #1 Investing Podcast
What Happens When a Bank Fails?
The FDIC has taken over all the assets and transferred it into a new entity. It will then liquidate all assets, not just deposits of Silicon Valley Bank in order to pay off depositors and creditors. As an investor, if you own Silicon Valley bank stock, you very likely could be wiped out. The last people in line for a situation of getting paid right here are the shareholders.
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