Comment Comment by freedude Who were the depositors?SVB's depositors were primarily businesses with more than $250,000 in an account. Over 90% of depositors(google for exact percenatge) had more than 250,000 in the account.So who was the bailout for? Not the average guy on the street... parent freedude 3 years ago
SVB's depositors were primarily businesses with more than $250,000 in an account. Over 90% of depositors(google for exact percenatge) had more than 250,000 in the account.
So who was the bailout for? Not the average guy on the street...