4 ms·

It absolutely was a bank run in the most classic sense of this term.

• kolbe 4y ago
  I think the classic sense is when a too many people withdraw, and even though the bank has sufficient assets to cover their liabilities, they don't have necessary cash to honor the withdrawals. SVB doesn't have enough assets, and has been insufficiently capitalized based on proper valuation techniques for quite some time. It's not just a cash on hand issue. You could say they're both different forms of bank runs, but in SVB's case, they've been essentially legally defrauding their depositors by misrepresenting their capital base. And people got wise to it. I'm not disagreeing with you, but saying that if someone else wants to make the distinction, I wouldn't quibble.
  • cududa 4y ago
    You have no idea what a bank run is do you