from Hacker News

JPMChase doesn't care about your deposits

by kunle on 3/16/23, 3:59 PM with 5 comments

• by hd95489 on 3/17/23, 1:01 AM

  First SVB was effectively insolvent way before they had a run. There are many other bank with the same problem.

  Not having to mark to market doesn’t make you any less insolvent it just makes you a zombie bank

• by kunle on 3/17/23, 4:19 PM

  Better said here than me: https://twitter.com/squawkcnbc/status/1636705550237851648?s=...