To the FDIC: Where’s the Money From the Signature Shutdown?

To the FDIC: Where’s the Money From the Signature Shutdown?

The FDIC shuttered Signature Bank more than two years ago now.  Isn’t it time for the billions of dollars that the FDIC has collected in selling off the bank’s assets to be distributed to creditors, bondholders and shareholders? It has been reported that the FDIC criticized executive management for becoming a significant depository for cryptocurrency money. Unlike Silicon Valley Bank, however, Signature did not lend to these companies. Instead, …