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Decided that there is here they're going to make all thei depositors hole. that means that people who hav counts with more than $250,000 in them are going to get all their money facts. which is not what usuall happens when a bank fails. and the second thing tha they're doing is that they hav created a new facility through the fed to give banks one year or - with treasuries and -- securities so they can get cash without having to sell things and fire sale prices that we silico valley banks did last week whe we they seldom - and it ended up taking two billion dollar loss on that. third thing is ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Most of the national and super-regional banks serving the Triad were caught in Monday's riptide from the sudden collapse and federal takeover of Silicon Valley Bank over the weekend.

Happens when a bank fails. and the second thing tha they're doing is that they hav created a new facility through the fed to give banks one year or - with treasuries and -- securities so they can get cash without having to sell things and fire sale prices that we silico valley banks did last week whe we they seldom - and it ended up taking two billion dollar loss on that. third thing is that we are reminding banks that the fed discount window, which was another borrowing facility, is open so if they need cash they ca get the cash from a discount window the terms are good and they also are usin...

The Hong Kong Monetary Authority on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.0 percent.