None. They want it all at no cost. Should greed be fullfilled this one time around, then itβs guaranteed to happen again in a different shape or form
> The DIF is funded mainly through quarterly assessments on insured banks. A bank's assessment is calculated by multiplying its assessment rate by its assessment base. A bank's assessment base and assessment rate are determined and paid each quarter.
Not sure if that's going to cover the haircut that depositors are going to take with respect to the difference in SBC's asset values at liquidation. There is surely going to be some gap and the question is should the taxpayers be on the hook for that gap to make the depositors whole.
Taxpayer funded insurance.
What I wonder here is how many SV CEOs and VC partners are down with Biden's proposed hike on the capital gains tax rate.