
Why SVB’s collapse is not a 2008 repeat
Behind the Money
00:00
SVB - Is There a Systemic Reason for This?
The FDIC, the Federal Reserve and the Treasury together were resolving the bank in such a way that uninsured depositors would get a hundred cents on the dollar. The government has also said crucially that any other bank that has trouble, it will provide liquidity to them in return for Treasury's mortgage back securities or definitely more mortgage back securities.
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