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5min chapter
The SVB bank failure, explained.
Tangle
S.V.B.'s Failure Is the Bill Coming Due for Years of Monetary and Regulatory Mistakes
S.V.B.'s failure is the bill coming due for years of monetary and regulatory mistakes, a Wall Street Journal editorial board said. The FDIC was holding an auction that closed Sunday afternoon but it could not find a buyer to buy Silicon Valley Bank. Some argue this is not a bailout and the depositors should be made whole. Others suggest S.V.b made several huge management mistakes and may have been distracted by DEI and other political worries.
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