[aussiedude]

So why did investors have to loose big time on a 1.8B loss when the bank had 16B in assets?

Seems like SVB was scarified

[tommiegannert]

NY Times alleges that the Fed had been telling SVB about the reserve issues since 2021.

It sounds like SVB was a poorly run bank. When it came down, I'm sure a bunch of people said "told you so," but there was ample time to correct before then.

https://www.smh.com.au/business/banking-and-finance/before-c...