The Systemic Risk Management of Silicon Valley Banks in 2023

The first republics in silicon valley banks are these one-offs or is this part of something that's more systemic or is this just the fed raising rate so quickly that they're breaking things wow. Is it systemic i don't think it's systemic i think that it has a lot to do with the way that the management of these companies were we're running them Svb was a particular case because you had this massive inflow of vc capital right and and the problem is those are always naturally getting taken out Because you're investing at the same time They decided to go as the fed is embarking on a rate height campaign not to have a risk manager so you can but they did have