
Normal Bank Failure
Slate Money
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What Should SVP Have Done With the Asset Side of Its Portfolio?
Silicon Valley Bank failed on a Friday mid-morning rather than failing on a Friday afternoon which is when banks normally fail. If they'd only been able to wait until Friday afternoon to close down SVP then there probably would have been almost much much less panic I would say. Next question from Damien, basically what should SVP have done with the asset side of its portfolio? They bought all of these mortgage back bonds and bonds went down in value and they became insolvent and then there was a bank run. That was bad. And we have a question from P.T. Whittington saying, the FDIC will make up any losses to the insurance fund essentially by levying an
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