3 ms·
"SVB wouldn’t have these issues if they monitored the risk better." Let's see what happens. If only SVB goes belly up, then yes, only SVB was the one that coul
by ancorevard 4y ago
"SVB wouldn’t have these issues if they monitored the risk better."
Let's see what happens. If only SVB goes belly up, then yes, only SVB was the one that couldn't read the tea leaves of the government's actions. But if SVB is just the first of more banks that will go belly up, then perhaps it is not just an error on SVB's part.
- mrguyorama 4y agoIf the tide goes out and certain groups turn out to be naked, we shouldn't blame the tide going out and try to prevent that.
- ancorevard 4y agoTide is a natural occurring phenomenon. There is nothing natural about the interest rates policies and stimulus packages from the governments last couple of decades.
- krustyburger 4y agoThey’re still supposed to have swimsuits on, to continue the metaphor. If anything, their customers are relying on trusting them more during turbulence.