Also let's not forget that the customers profited from the interests paid by the bonds. If SVB was paying 4.50% (as they claim on their website), then even if

Also let's not forget that the customers profited from the interests paid by the bonds. If SVB was paying 4.50% (as they claim on their website), then even if the customer takes a 5% loss, it would be only a 0.50% realised loss. I genuinely don't understand why the regulator doesn't push for that unless there is some "lobbying" involved.