Why Silicon Valley Bank Collapsed
What Next | Daily News and Analysis
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FDIC - I Don't Know What We're Going to Do
FDIC legally could not come in and ensure more than $250,000. They had a special authority to do that during the financial crisis but that authority like lapsed. There was just concerns about ripple effects, bank runs. And so that was what led them to sort of say, okay, we're using our special powers,.
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