6 ms·
Point in fact, those were the rules. The DIF protected them past 250k. This was not an exceptional measure. Everything worked as intended.
by seurimas 3y ago
Point in fact, those were the rules. The DIF protected them past 250k. This was not an exceptional measure. Everything worked as intended.
- riffraff 3y agothe FDIC itself called this a "systemic risk exception", but SVB and Signature were not considered systemic before this, and thus had not behaved the same as the systemically important banks. I am not sure we can say anything worked as intended.