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...and if they demonstrate less risky behavior, their stock should (hopefully) become valuable again.
by nevir 4y ago
...and if they demonstrate less risky behavior, their stock should (hopefully) become valuable again.
- nostromo 4y agoSVB definitely mismanaged risk. But I don’t think people realize that no bank could have 25% (and counting) of deposits withdrawn in a day and survive. If they had still been allowing withdrawals on Friday that number would be much much higher.