United States:
The Fed's $4 Billion Gift To Silicon Valley Bank's Bondholders
05 February 2024
Kramer Levin Naftalis & Frankel LLP
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Bankruptcy and Restructuring partner Thomas Moers Mayer authored
an American Banker article titled "The Fed's $4
billion gift to Silicon Valley Bank's Bondholders," which
was published on Jan. 16, 2024. The article examines the Fed's
failure to enforce its own Regulation Y, and the Dodd Frank Act,
which require that a bank holding company serve as a "source
of strength" for its insured bank.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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