> The real question is why the regulators didn't notice. CEO was part until Friday of SF Fed board and successfully lobbied to make SVB not have Basel III enfo

> The real question is why the regulators didn't notice. CEO was part until Friday of SF Fed board and successfully lobbied to make SVB not have Basel III enforced. CRO is former NY Fed and risk ratings. Yellen is former SF Fed president. https://news.ycombinator.com/item?id=35120625 https://news.ycombinator.com/item?id=35120625