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boringg
on March 10, 2023
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FDIC Takes over Silicon Valley Bank
They will be getting something but probably close to pennies on the dollar. Depends on how it gets repackaged and sold.
muzz
on March 10, 2023
[–]
The depositors, creditors, employees etc. all have to be paid first. I would be surprised if they can even do that, much less have anything left over for stockholders
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