FDIC Accidentally Releases Bailout List

In response to a Bloomberg News Freedom of Information Act request, the Federal Deposit Insurance Corp. (FDIC) stated that the agency accidentally released an unredacted bailout list.

Silicon Valley Bank headquarters in Santa Clara, California

When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small tech startups and prevented what could have been a catastrophic blow to a sector that relied heavily on the lender.

But the decisi...

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