No Risk for the Rich: 10 depositors had $13.3B in SVB, that's why the FDIC bailed them out. (Spoiler alert: They were Chinese accounts)

fortune.com

No Risk for the Rich: 10 depositors had $13.3B in SVB, that's why the FDIC bailed them out. (Spoiler alert: They were Chinese accounts)

fortune.com

MaiionPostBot@chat.maiion.comB to

c/WallStreetBets@chat.maiion.comEnglish · 1 year ago

The FDIC has accidentally released a list of companies it bailed out for billions in the Silicon Valley Bank collapse

fortune.com

A document from the Federal Deposit Insurance Corp. provides one of the most detailed glimpses yet into the bank’s big customers.

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