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by throwaway9274 983 days ago
Both made bad decisions and should lose their money and be mocked by midwit redditors.

The difference is FTX was criminal negligence, SVB ordinary negligence. SVB was due to bad bets the bank was legally allowed to make, FTX was due to bad bets made illegally with stolen money.

1 comments

The federal reserve's plans to hike interest rates were never, at any point, a secret.