The other interesting thought-exercise around this SVB black-swan debacle for someone who knows nothing about banks is: How could have SVB have reacted to stop a m-fing bank run?
Obviously blasting out "we are fine y'all if you don't withdraw your money" isn't gonna do shit (and clearly didn't).
But they had a sophisticated set of depositors (all businesses effectively) to which they could have announced something like: "10% interest over the next 60 days for anything over $1m you keep in your account." [Or name your compelling interest rate]
Sure, this would be painful in terms of short term losses, but uh... they'd still be in business?
It feels like there has to be some sort of playbook that banks must have to deal with this? What would actually work?