SVB Bank Collapse
Cluster focuses on the Silicon Valley Bank (SVB) failure, debating causes like risky bond investments, interest rate hikes, VC-instigated bank runs, risk management failures, and implications for depositors, startups, and the banking system.
Activity Over Time
Top Contributors
Keywords
Sample Comments
What connection does SVB bank has in this??
Given the economic factors + SVB's deposit base, what should they have done differently?
Aren't VCs the ones who told people to pull money out of SVB, there by causing this?
Take a look at what happened to SVB when they did that.
Is the SVB situation a death knell for banks?
Can you explain to me what the "risky investments" were here that SVB partook in?
Does this mean that SVB customers are going to lose deposits over the FDIC limit (250k?)
What does this have to do with SVB?
Thatβs not what they did with svb.https://www.bloomberg.com/news/articles/2023-03-12/fdic-auct...
Actually, we didn't. It failed and collapsed. What makes you think it was bailed out?To add detail: SVB was a subsidiary of SVB Financial Group, a holding company that owned the bank as well as some other things. SVB still exists, but is no longer a subsidiary of that holding company. It was completely taken over by the FDIC so they could make depositors whole. The former owners lost their biggest business, had to liquidate the rest of their businesses, and filed for bankruptcy a week la