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freddie me

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freddie me

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Friday, 12/08/2023 6:13:57 PM

Friday, December 08, 2023 6:13:57 PM

Post# of 565
Shay told Congress SBNY was solvent, bonds = 100%
Transcript https://www.banking.senate.gov/imo/media/doc/Shay%20Testimony%205-16-23.pdf

"The bank was well-capitalized. The bank was solvent – indeed, it was always solvent,
with assets well in excess of liabilities even at the very end. And the bank had a well-defined
and solid plan to continue in operation and withstand additional withdrawals. "
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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