Silicon Valley Bank has been closed by the FDIC after the bank failed to raise fresh capital and stem deposit outflows that sent the institution into crisis this week.
Excellent write up about the situation! Thanks
Thank you, Beachman! I enjoyed reading your analysis as well!
Thank you, Akash! So timely, so thorough! What useful analysis. I don't need to turn anywhere else for more information. You nailed it.
Thank you so much for the kind words, Mike!
Nice issue Akash!
Thank you, Leo!
....and so it begins, the proverbial tip of the iceberg.
One by one, from FTX to SVB...
Agreed. I heard Musk was thinking about buying one of the failed banks.
I heard that too, but I feel Musk might have his hands full now. I also don't think Tesla investors will be fond of him if he purchases a bank.
Plus owning a bank would put him at the whim of more federal regulators.
He does have alot on his plate right now. Hard to read that guy.
Musk usually does not end up on the good side of regulators. Time will tell with what happens with SVB...
Agree on both counts.
Glad to help, Sylvia!
Excellent write up about the situation! Thanks
Thank you, Beachman! I enjoyed reading your analysis as well!
Thank you, Akash! So timely, so thorough! What useful analysis. I don't need to turn anywhere else for more information. You nailed it.
Thank you so much for the kind words, Mike!
Nice issue Akash!
Thank you, Leo!
....and so it begins, the proverbial tip of the iceberg.
One by one, from FTX to SVB...
Agreed. I heard Musk was thinking about buying one of the failed banks.
I heard that too, but I feel Musk might have his hands full now. I also don't think Tesla investors will be fond of him if he purchases a bank.
Plus owning a bank would put him at the whim of more federal regulators.
He does have alot on his plate right now. Hard to read that guy.
Musk usually does not end up on the good side of regulators. Time will tell with what happens with SVB...
Agree on both counts.
Glad to help, Sylvia!