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410- Silicon Valley Bank
InvestED: The Rule #1 Investing Podcast
What Makes This Bank Different From Any Other Smallish Bank?
Reporters are basically saying these banks are a Ponzi scheme. But when they start to say that the bank needs to have new money in order to pay off old money, that is just not true. The bank has to have reserves on hand that should match any reasonable expectation for the money going out if the bank is being prudent in where it's putting the deposit money.
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