ilmscore | Prediction Details
"typically in cases where deposits exceed the FDIC limit losses are recovered in a bankruptcy court when assets are sold off to pay their creditors but his bank rate explains that process could take several years to complete and more than likely their customers are not going to receive all of their money back from what they started with."
By Graham Stephan | March 10, 2023 | Pending
From video
Why Banks Are Collapsing (DO THIS ASAP) 00:07:31 - 00:07:45
Interpreted Prediction
Customers with uninsured deposits at Silicon Valley Bank may face a lengthy bankruptcy process (several years) with no guarantee of recovering all their funds.

Prediction Details

Topic
Bankruptcy Process for Uninsured Deposits

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.