@alaric

#SVB

About the rolling back of financial regulations πŸ‘‡πŸΎ

"
Remember when Trump and the Republican leadership, in collaboration with a critical group of moderate and conservative Democrats, rolled back some of the regulations Dodd-Frank placed on regional banks? Well:"

https://www.lawyersgunsmoneyblog.com/2023/03/the-collapse-of-svb-and-the-partial-repeal-of-dodd-frank

The collapse of SVB and the partial repeal of Dodd-Frank – Lawyers, Guns & Money

@alaric

#SVB

And, as always, read Matt Levine at Bloomberg, for the best analysis about this situation πŸ‘‡πŸΎ

https://www.bloomberg.com/opinion/articles/2023-03-10/startup-bank-had-a-startup-bank-run

Startup Bank Had a Startup Bank Run

One problem for Silicon Valley Bank is that its customers had too much cash, and now they don’t.

Bloomberg

@alaric

#SVB #SVBFail

LOLLLLL..."No libertarians in a bank run"

@alaric

#SVB #SVBFail

This, by, @molly0xfff is brilliant πŸ‘‡πŸΎ

She calls out the massive dip πŸ’©s
S&cks & C&l&c&nis for their blatant hypocrisy

https://newsletter.mollywhite.net/p/the-venture-capitalists-dilemma

The venture capitalist's dilemma

The embarrassing investor meltdown surrounding Silicon Valley Bank should drive us to consider new models.

Molly White
@alaric @molly0xfff Has anyone figured out yet why the rich make mistakes but everyone else pays?