The following are notes from Scott Goodwin's presentation at the 29th Annual 2024 New York Sohn Investment Conference, which took place on April 3rd, 2024.
Scott Goodwin is currently a Managing Partner & Co-Founder at Diameter Capital Partners LP.
- Scott Goodwin is assessing what is left of Signature Bank
- Most of the $32 billion pool was sold to JV partners and Blackstone. That includes a $27.4 billion pool of first day mortgages.
- The FDIC claim covers 85%, so they lost somewhere around 15%.
- Deposits have been drawn from Signature bank. 9% of all deposits were uninsured
Membership Required
You must be a member to access this content.
Already a member? Log in here
