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6min chapter
The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes
Plain English with Derek Thompson
Why Didn't the Fed Give Up on Us?
SVB saw the largest bank run in history, $42 billion in one day. Michael Kofman: The psychology behind it is one of the biggest unknown factors. If you're asking who killed Silicon Valley bank, I think you should look at and blame the bank executives he says.
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