3 ms·
SVB 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 But I don’t think people realize that no bank could have 25% (and counting) of deposits withdrawn in a day and survive.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 the
by nostromo 4y ago
SVB 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But I don’t think people realize that no bank could have 25% (and counting) of deposits withdrawn in a day and survive.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.