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Silicon Valley Bank’s collapse & Signature Bank
#8
Acer wrote:
One bank was loaning heavily into tech start-ups, the other was in Crypto. It's no Lehman Brothers.

*whistles past the graveyard*

One of the SVB c-level execs was an exec at Lehman Brothers in 2008.

The issue in this case has nothing to do with loaning heavily into tech startups or crypto. The issue was they put too much of their money into investments that were too conservative.
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Re: Silicon Valley Bank’s collapse & Signature Bank - by M A V I C - 03-13-2023, 06:23 PM

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