yeah, all shareholders will get diluted by $1 billion but risk of closure/seizure by state is now lower
Discussion
Not lower for long. It’s a tourniquet at best.
a billion is a lot for their commercial real estate exposure. see their 2023 year ens public financial statements. there will be more regional banks
I don't see the many elites like Mnuchin betting emergency liquidity for the CRE exposure. Fed/Treasury will have to step at expense of US generations of tax payer and credit risk of the US (causing more fed debt and dollar inflation)