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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Goofyhoofy ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 15071 
Subject: Re: SVB...FRC..et al
Date: 03/12/2023 10:59 AM
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$152B of UNINSURED deposits at SVB alone.
Omaha moment?

Not unless Warren wants to acquire a bank with a very narrow customer base, much of which is in businesses which are leveraged, uneconomic (at the moment), with a higher failure ratio than most. ;)

As for the 'UNINSURED' deposits, SVB also has a ton of assets including long bonds, so the great majority (I have heard 95-98%) of those deposits will be returned eventually, but there will be a time gap as the FDIC unwinds the operations, or as someone else swoops in and buys it for some reason. (Doubtful, but there's a lot of stupid money sloshing around.)
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