Silicon Valley Bank was found insolvement yesterday and was seized by the FDIC. How did it get to this point though? How did one of the biggest banks in the nation end up in the position that they are now in? Let's dive in and find out.
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to contact me:
bobbycapucci@protonmail.com
source:
Silicon Valley Bank scrambles to reassure clients after 60% stock wipe-out | CNN Business
source:
Bill Ackman: Government should consider SVB bailout | Fortune