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SVB summary
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des_khor
Supreme |
13-Mar-2023 08:35
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Crisis only happen when everyone unprepared ! When know crisis will never turn into real crisis ! | ||
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TeoMark
Veteran |
13-Mar-2023 08:00
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https://www.channelnewsasia.com/business/signature-bank-new-york-closed-days-after-silicon-valley-bank-shutdown-second-failure-3342166 | ||
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luckyguy3
Veteran |
13-Mar-2023 07:53
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those shortists on friday pants dropping now
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pasttime
Elite |
13-Mar-2023 07:38
Yells: "peace, love, joy be upon you" |
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hope that banks and businesses will learn the lesson from the past. this is one is a mismangement in term of managing their cash flow. lessons from northern rock of uk where they borrow from market to lend out. this one is reverse. the same thing mismatch of cashflow with wrong assumptions. they probably assume that they hold the bond till maturity it is safe and they earn the interest different. but when their need for cash out cause them to sell at the wrong time when bond has to be sold at lost.    |
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governor
Senior |
13-Mar-2023 07:03
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US government steps in and backstops SVB depositors
https://lonewolfinvestor.blogspot.com/2023/03/wolf-moneybreaking-news.html?m=1 |
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Volmax
Master |
12-Mar-2023 23:35
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SVB collapsed, Silvergate collapsed, Blackrock holding 7.2% of Silvergate also plunged. Although said isolated case, still may kick start the domino's effect and set forth the next financial crisis. 😑 | ||
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tonytony
Veteran |
12-Mar-2023 22:39
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Seems serious? | ||
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governor
Senior |
12-Mar-2023 20:31
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SVB summary 2c worth,dyodd https://lonewolfinvestor.blogspot.com/2023/03/wolf-moneymy-svb-2c-worth.html |
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