4 ms·
This has been repeated ad nauseam but it does not pass the smell test. If SVB were solvent then it would not be in receivership.
by firstlink 4y ago
This has been repeated ad nauseam but it does not pass the smell test. If SVB were solvent then it would not be in receivership.
- evan_ 4y agoIt’s a cash flow issue. Cash flow kills plenty of profitable businesses.
- hd95489 4y agoIt’s a true solvency issue. They could have announced this before the bank collapsed and it still would have collapsed eventually because assets were less than liabilities
- j16sdiz 4y agoThe rules was setup that FIDC can take over when they smell something wrong before it is proven true insolvent.