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MANIFOLD
Perry Metzger: will SVB depositors’ accounts look the same on Monday at 9am as they did on Friday at seize time?
13
Ṁ270Ṁ1.6k
resolved Mar 28
Resolved
YES

Perry predicts deposits at Silicon Valley Bank will be unaffected by the recent failure and FDIC takeover. https://twitter.com/perrymetzger/status/1634320582698213383

If, by market close date, I hear of a credible report that an SVB account's available balance has changed between closure and reopening, this market will resolve NO.

If the bank (possibly under a new name) fails to reopen for business at 9am PST Monday, this market also resolves NO.

I will not bet in this market.

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I've heard no credible reports of an SVB depositor balance changing over the weekend of March 11th. If you have any counterexamples to submit for consideration, please do so or forever hold your peace. I'll resolve this market soon.