The Fed’s $4 billion Gift to Silicon Valley Bank’s Bondholders

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.

Read the article here.