5min chapter

Capitalisn't cover image

SVB: The End of Banking as We Know It?

Capitalisn't

CHAPTER

Silicon Valley Bank

A lot of people to me have poo-pooed the idea that any of these loans at Silicon Valley bank are going to have losses. I think there's more of a question about that than people acknowledge. The bigger issue does seem to be that because of who their customers were, they were able to get the government to act in a way that it wouldn't have acted for a different firm. And I don't like the fact that Silicon Valley bank shows that the rules continue to be different for different players in our system.

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