1 year ago
Sun Mar 12, 2023 3:16pm PST
Should be a marketplace for buying receivership certificates for SVB deposits
There should be a marketplace for buying receivership certificates for Silicon Valley Bank deposits at a discount.

This would allow a firm with $10 million in deposits to instantly get $7 million or so of actual cash.

Painful, but market-based (w/ no bailout).

Thoughts?

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