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I assume they are going to have to pay back the money they borrow to meet their cash calls.
Yes… the average American will pay it back. The tax paying employed people.
The bank has assets, just not liquid ones they could sell fast enough to meet the demand for cash.
It blows my mind how much citizens like Jaron do not understand what is happening….
SVB no longer exists – insurance is covering all assets over 250k via the assets the bank had which covered it
Tax payers will not be impacted at all by this from a cost stand point unless the entire banking system falls apart like it did in 2008… I bet you also think the banks did not pay back their loans in 2008 either