SVB….. The Emperor Really isn’t wearing clothes
(Taken from: https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html) So, another day, and another bank failure…. A large failure ar that! So Silicon Valley Bank has failed? How does this happen? Well, first, some bank education. I found a couple of likned in posts that sum it up pretty well, on the technical side (Thank you to the authors). Here: https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/eye-on-the-market/silicon-valley-bank-failure-amv.pdf […]
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