3 ms·
https://www.nakedcapitalism.com/2023/03/silicon-valley-bank-fails-with-deposits-of-many-venture-backed-companies-frozen-how-bad-will-the-fallout-be.html https:/
by jacknews 4y ago
https://www.nakedcapitalism.com/2023/03/silicon-valley-bank-fails-with-deposits-of-many-venture-backed-companies-frozen-how-bad-will-the-fallout-be.html https://www.nakedcapitalism.com/2023/03/silicon-valley-bank-...
"Christopher Whaler, Chairman of Whalen Global Advisors in New York, said: ‘I think the Fed badly miscalculated the impact of rising interest rates and so these are self-inflicted wounds and if we see more banks fail then the Fed is faced with a very tough situation which may force them to drop interest rates.’"