, Columnist
Silicon Valley Bank Is For Sale
Also its failed share sale, Credit Suisse, AMC’s APEs and an SVB musical parody.
Would you want to buy Silicon Valley Bank? You get three main things:
Those are the main things, but you could imagine other, more contingent things. Like: If you buy SVB, and it turns out to have been up to bad stuff, do you get sued for the bad stuff? That would be bad. Conversely: If you buy SVB out of government receivership, taking it off the hands of the Federal Deposit Insurance Corp., can you get the FDIC to do some sort of risk-sharing where if those Treasuries lose more value, or if all the loans turn out to be bad, the FDIC will reimburse you for some of the loss? All sorts of possibilities.