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So the government stepped in to guarantee deposits; does that mean that the 8,000+ employees will continue to earn their average $250K salaries or is the bank still closed and all employees just around for 45 days?
Newslink >>> https://www.cnbc.com/2023/03/12/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html
The Treasury Department is providing up to $25 billion from its Exchange Stabilization Fund as a backstop for the funding program.