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To: thecodont

Nope


1,122 posted on 03/11/2023 4:39:01 PM PST by Ymani Cricket (."Fear kills more people than death" ~General George C. Patton)
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To: fatima

a source I trust: @SVB_Financial depositors will get ~50% on Mon/Tues and the balance based on realized value over the next 3-6 months. If this proves true, I expect there will be bank runs beginning Monday am at a large number of non-SIB banks. No company will take even a tiny chance of losing a dollar of deposits as there is no reward for this risk. Absent a systemwide @FDICgov deposit guarantee, more bank runs begin Monday am https://twitter.com/BillAckman/status/1634696577972334599?t=qUh8lpUNaKzqauf5HI-OCw&s=19.


1,125 posted on 03/11/2023 4:52:38 PM PST by fatima (Free Hugs Today :))
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