OP website is complete hogwash. Blaming VCs for deposit drawdowns fully within their right is shortsighted. Now the entire banking industry will need to reass

OP website is complete hogwash. Blaming VCs for deposit drawdowns fully within their right is shortsighted. Now the entire banking industry will need to reassess their treasury bond investment risk. Of course mass actions related to derisking those exposures could also spiral out of control within the ecosystem, with further weak banks with way too much risk exposed and failing, but it’s likely necessary.