Interesting take, lapcat. I'm curious and I'm sure someone has an answer. It baffles me that Wall Street investors were shorting SVB in January and the FDIC did not step in until the bank run made it necessary two weeks ago.
Especially in the U.S., why doesn't a regulatory body like the FDIC not have a dashboard that would monitor items like the debt exposure SVB had so they could get involved before a takeover had to happen?
Especially in the U.S., why doesn't a regulatory body like the FDIC not have a dashboard that would monitor items like the debt exposure SVB had so they could get involved before a takeover had to happen?