2min chapter

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The Bank of Silicon Valley Just Collapsed - WAN Show March 10, 2023

The WAN Show

CHAPTER

The FDIC Seizes SVB Assets, Right?

Silicon Valley Bank's assets were seized by the FDIC. The ramifications of this are going to go on an extremely long time. Flowplane Chat is just exploding right now with apparently insiders at SVB selling shares in the weeks leading up to this. I don't even feel bad for them though. They're rolling in it.

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