2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC121: Bank Failures & Bitcoin w/ Steven McClurg (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Silvergate and Signature and Silicon Valley Bank

Silvergate was responsible for some of the wires that were going to even the wrong company. It was neglect at the highest order, right? Absolutely. They should have worked a little harder there. But now Silvergate, they just overallocated to one area. You've got to have a diversified customer base and a diversified sector base.

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