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Was it Peter Thiel who started the bank run? "The bank run that led to SVB’s collapse was allegedly started by tech tycoon and Republican political donor Peter
by theironhammer 4y ago
Was it Peter Thiel who started the bank run?
"The bank run that led to SVB’s collapse was allegedly started by tech tycoon and Republican political donor Peter Thiel.
After SVB’s collapse, journalists and critics have shifted their attention to Thiel, accusing him of pressuring companies to stop funding the bank. It is believed that his actions were the first to ignite the bank run, which prompted California regulators to step in."
https://lifestyleug.com/peter-thiel-byrne-hobarts-newsletter-svb-collapse/ https://lifestyleug.com/peter-thiel-byrne-hobarts-newsletter...