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SVB was insolvent your statement is false
by MrMan 4y ago
SVB was insolvent your statement is false
- kornhole 4y agoThe insolvency followed the liquidity crisis. https://www.morningstar.com/articles/1143298/bank-stock-selloff-triggered-by-svb-financial-liquidity-crunch https://www.morningstar.com/articles/1143298/bank-stock-sell...
- itsoktocry 4y agoNo, you have it backwards. Insolvency means the value of their liabilities exceeds the value of the assets. The bank owned long term bonds that lost value and could no longer cover deposits. That's what happened, that's why people started pulling money from the bank.