I've pointed this out a few times in other threads but it's worth repeating. SVB had just recently reported that they had no liquidity issues and did not fores

I've pointed this out a few times in other threads but it's worth repeating. SVB had just recently reported that they had no liquidity issues and did not foresee any need to sell any of their assets at a loss. Then Thursday morning the announced that they had, in fact, liquidated some of their assets at a loss. Your bank is supposed to be zero risk and essentially as good as cash. Any sign that your bank might have liquidity problems significantly raises that risk from 0. In that case it is beyond prudent to try to move out of that bank fast. I love a good conspiracy theory as much as the next, and wouldn't be surprised if there were ill intentions behind some of those meetings. However this bank run was rational and does not need to be explained away by any conspiracy to organize a bank run.