top | item 35226685 (no title) aussiedude | 2 years ago So why did investors have to loose big time on a 1.8B loss when the bank had 16B in assets?Seems like SVB was scarified discuss order hn newest tommiegannert|2 years ago NY Times alleges that the Fed had been telling SVB about the reserve issues since 2021.It sounds like SVB was a poorly run bank. When it came down, I'm sure a bunch of people said "told you so," but there was ample time to correct before then.https://www.smh.com.au/business/banking-and-finance/before-c...
tommiegannert|2 years ago NY Times alleges that the Fed had been telling SVB about the reserve issues since 2021.It sounds like SVB was a poorly run bank. When it came down, I'm sure a bunch of people said "told you so," but there was ample time to correct before then.https://www.smh.com.au/business/banking-and-finance/before-c...
tommiegannert|2 years ago
It sounds like SVB was a poorly run bank. When it came down, I'm sure a bunch of people said "told you so," but there was ample time to correct before then.
https://www.smh.com.au/business/banking-and-finance/before-c...