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firstlink
1201 days ago
This has been repeated
ad nauseam
but it does not pass the smell test. If SVB were solvent then it would not be in receivership.
2 comments
evan_
1201 days ago
It’s a cash flow issue. Cash flow kills plenty of profitable businesses.
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hd95489
1201 days ago
It’s a true solvency issue. They could have announced this before the bank collapsed and it still would have collapsed eventually because assets were less than liabilities
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j16sdiz
1201 days ago
The rules was setup that FIDC can take over when they smell something wrong
before
it is proven true insolvent.
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