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  1. Buba

    Silicon Valley Bank closes

    Fucking financial jargon - so "backstop" does not mean "stop/deny" but is more like "underwrite/support"?
  2. Buba

    Silicon Valley Bank closes

    Or maybe not? https://www.reuters.com/markets/deals/first-citizens-said-be-near-deal-silicon-valley-bank-bloomberg-news-2023-03-26/ What does "backstop" mean?
  3. Buba

    Silicon Valley Bank closes

    Electoral College Votes Matter! :) BTW - what does TDS mean in the context of this thread? To me TDS = Torpedo Defence System, and not something related with ... banks?
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