#sourceofstrength — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #sourceofstrength, aggregated by home.social.
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CW: Long thread/4
If you're interested in the minutiae of this, Levitin's piece is short and clear - there's no automatic tort-based claim that would let the FDIC get the money back from the investors, because SVB isn't classed as a really big bank (a "#GSIB").
As for #DoddFrank's #SourceOfStrength doctrine, it "doesn't create any concrete financial liability—it's just exhortatory."
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