Good luck, and perhaps you saw my likewise response to this jack wagon.
Just curious - what do you think the odds are of a white knight coming in early next week and not only saving SVB, but making good - perhaps just "mostly" - on deposits over the FDIC guaranteed limit?
I figure if SVB or its successor is going to have any kind of "trusted" reputation in the future, those deposits can't just go "poof"…
We heard they were close to a deal over night Thursday but the stock tanked so fast Friday morning they couldn’t get it done before the Fed shut them down. Hopefully they’re going to get something done this weekend.