![]() ![]() “American households depend on banks to finance their homes, invest in an education, and otherwise improve their standards of living. Treasury Secretary Janet Yellen cast the government’s response - including backstopping all depositors - as necessary. President Joe Biden described the solution as one that “protects American workers and small businesses, and keeps our financial system safe.” US regulators’ decision to declare a “systemic risk exception” and make all depositors at Silicon Valley Bank whole came after a white-knuckled weekend as tech founders digested SVB’s collapse on Friday, March 10. The agency subsequently declined to comment on the substance of the information in the document. The FDIC, which has been selling off pieces of the bank since its failure, asked that Bloomberg destroy and not share the depositor list, saying the agency intended to “partially” withhold some details from the document “because it included confidential commercial or financial information,” according to a letter from an attorney for the regulator. Kanzhun Ltd., a Beijing-based tech company that runs mobile recruiting app Boss Zhipin, received a backstop for more than $900 million.Ī document from the Federal Deposit Insurance Corp., which the agency said it mistakenly released unredacted in response to a Bloomberg News Freedom of Information Act request, provides one of the most detailed glimpses yet into the bank’s big customers. Sequoia Capital, the world’s most prominent venture-capital firm, got covered the $1 billion it had with the lender. Remember, all students approved to waive the Student Health Insurance Plan will receive an approved to waive email.But the decision to guarantee all accounts above the $250,000 federal deposit insurance limit also helped bigger companies that were in no real danger.Later you will receive a status email with information confirming you have been approved to waive the Student Health Insurance Plan, or you will be notified that more information before approval can be granted.Please note: A confirmation email does not mean you have been approved to waive the Student Health Insurance Plan. We suggest you print your confirmation email and retain it for your records.When you have successfully completed the online waiver process, you will receive a confirmation email that includes your waiver reference number.You will need to provide your personal health insurance information through this link.Once you have accessed the page, follow the instructions to create an account: ![]() Please go to elev834: Student Health Insurance Enrollment Management to enter your required insurance information. If your Student Health Insurance waiver is not approved and you can't provide proof of credible coverage, your student account will be charged $651 for the fall semester and $864 for the spring semester. ![]() ![]() The waiver MUST BE submitted semiannually on the aforementioned dates by all students. The deadline to submit the spring semester waiver is January 15. The deadline to submit the online waiver for the fall semester is July 15. Students with comparable proof of insurance coverage may waive, or "opt out" of the Spelman College Student Health Insurance Plan. ![]()
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