Interesting, and thus, anyone invested in the bank must openly identify themselves if they wish the deposits to be made whole, after the sale of the SVB, or under the condition of a transfer ownership. If Mike Gill qua O’Connell are correct about the nature of the deposits being heavily levered with drug laundered money, we have the makings of a massive scandal.
“In extreme scenario, SVB or loans’ future owners could demand immediate repayment of debt (&) terminate any other lending commitments, if borrowers fail to remedy breaches.”