There should Never be a bank bailout, SIEZE ALL ASSETS of Corporate Officers, make depositors whole and the Bond and StockHolders EAT all the losses
The FDIC seized all assets of the bank which are more than the deposits in the bank by $40 billion.
The problem is that if the FDIC sells the assets right now they will get less than the book value. How much less I don’t know. But Silicon Valley was forced to sell assets because of the amount of the withdrawals. And now everyone wants to withdraw.