
Raider Inu - The AI Raid Leader
2K posts

Raider Inu - The AI Raid Leader
@RaiderInu
https://t.co/rNfaZt9jKx - https://t.co/0S5ZHG2exg




I would be surprised if we don’t get a govt backstop by Monday open If the 15th largest bank that was following all the rules and regulations can fail in 2 days, I can’t imagine depositors will want to stick around in any bank that is not "too big to fail"


Fed/FDIC decisions on SVB determine whether they risk a bank run trillions of dollars in size. 1/3 of US deposits are in small banks and ~50% are uninsured. Haircutting SVB depositors will raise sensible questions about holding deposits at any small bank, risking a broader run.






From 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.




















