[lazide]

No bank with $1T in assets will ever have a shortfall of only $1m - it’s too easy to shuffle things around to move the problem forward another day or whatever.

A bank the size of SVB has a whole team that does that - it’s just a necessary part of operating at that scale.

Blowups like SVB happen when an entire team of financial experts have tried everything - and have nothing left they can do.

Then it blows up big, because all their other moves ‘come due’ at once.