Perry Metzger: will SVB depositors’ accounts look the same on Monday at 9am as they did on Friday at seize time?
13
52
Ṁ1.6KṀ270
resolved Mar 28
Resolved
YES1D
1W
1M
ALL
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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