Understanding How a Bank can Fail
The Cloudcast
00:00
What Happened to Silicon Valley Bank in 2008?
There are a few different options that would happen for any bank that goes into retainer, is sort of taken over by the government. People who had money in the bank may not give their money back if it fails. The third possibility is that similar to 2008, the federal government or even the state government could step in and help stabilize the situation. There could be others. But those are probably the three most likely outcomes.
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