Resolves YES if depositors of Silicon Valley Bank recover at least 50% of their uninsured funds by March 13, 11:59:59 PT, according to official announcements or reporting by reliable media publications. Otherwise NO.
Context: Silicon Valley Bank was closed Friday morning by state regulators and put under the control of the FDIC, after a bank run and capital crisis.
https://www.cnn.com/2023/03/10/investing/svb-bank/index.html
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ90 | |
| 2 | Ṁ68 | |
| 3 | Ṁ47 | |
| 4 | Ṁ23 | |
| 5 | Ṁ10 |
Resolves YES. https://home.treasury.gov/news/press-releases/jy1337 "Depositors will have access to all of their money starting Monday, March 13." and reporting from today indicates that they are indeed processing withdrawals.
be VC
have 300b in dry powder
whine about how tech will collapse if 5% haircut on cash kept at one reckless bank