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SVB was warned by the Fed numerous times about their risky strategies. Certainly that implies they were pursuing a risk strategy. In 2021, the Fed issued citati
by HWR_14 4y ago
SVB was warned by the Fed numerous times about their risky strategies. Certainly that implies they were pursuing a risk strategy. In 2021, the Fed issued citations and said SVB had "serious weaknesses in how it was handling key risks,"
Meanwhile, the bank run happened because people noticed the horrible risk management, not randomly. And those people talked.