phil_lewis_
A
The U.S. government announced all Silicon Valley Bank clients will be protected and have access to their funds, just days after the bank failed.
06:56 PM - Mar 12, 2023
Avatar Avatar Avatar
0
6
15
LH Grant
A
In response to phil_lewis_.
I could be dead wrong, but my guess is that this bond overexposure during rate hikes isn't an issue for the more mainline banks, and that these "boutique's" will be able to raise plenty of cash that with treasuries help but not bailout, this will workout. Anyone know if I have a clue on this?
07:01 PM - Mar 12, 2023
2
0
Alfalpha Male ✔️
A
Seems to me SVB let their margins get too high and got caught with their pants down when they got called in. I've read a good thread on Twitter that explained that their business practices were shoddy at best.
In response to LH Grant.
07:33 PM - Mar 12, 2023
2
0
LH Grant
A
In response to Alfalpha Male ✔️.
And permitted by trump deregulation.......Thanks!
07:41 PM - Mar 12, 2023
0
0
Alfalpha Male ✔️
A
In response to Alfalpha Male ✔️.
Good take on the failure.

https://twitter.com/MacroA...
07:36 PM - Mar 12, 2023
0
1

 

{{ notificationModalContent }} {{ promptModalMessage }}