>>21746938Nah, the issue there wasn't liquidity on the FDIC's side (the Fed can print trillions with a keystroke, and the Treasury's general account swings $22b practically on a daily basis).
It was the Fed being autistically slow then retardedly fast with rate hikes, those rate hikes heeming Silicon Valley Bank's balance sheet, libtards at the SF Fed dropping the ball on basic oversight work, then an opportunistic move against tech and especially crypto (remember Silvergate, the next bank caught in the crossfire? Guess who their customers were).
The FDIC is actually quite good at what they do. When Bumblefuck Financial goes under on Friday, it pretty much always opens up Monday under new management just fine. There's rarely much they even have to pay out.
