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Very interesting link. I found this [1] pretty interesting: > $SIVB's HTM securities had mark-to-market losses as of Q3 of $15.9 b...compared to just $11.5 b o
by paganel 4y ago
Very interesting link. I found this [1] pretty interesting:
> $SIVB's HTM securities had mark-to-market losses as of Q3 of $15.9 b...compared to just $11.5 b of tangible common equity!!
> Luckily, regulators do not force $SIVB to mark HTM securities to market. But the bank would be functionally underwater if it were liquidated today. 5/10
[1] https://twitter.com/RagingVentures/status/1615826094271217664 https://twitter.com/RagingVentures/status/161582609427121766...