4 ms·
It’s probably a reference to reports of some SVB execs selling their stocks in the weeks before the failure.
by SkyMarshal 4y ago
It’s probably a reference to reports of some SVB execs selling their stocks in the weeks before the failure.
- basseq 4y agoAh, likely. Though it doesn't seem like there's any evidence yet on insider trading or execs fully cashing out. They got lucky liquidating some single-digit % of their holdings, but still likely lost most. A 95% loss is better than a 100% loss, but still not "making out like a bandit".