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Is Buffett Targeting This Bank?
Motley Fool Money
Is Silicon Valley Bank Functionally Insolvent?
Silicon Valley Bank has been functionally insolvent since sometime last fall. The chief financial officer of Silicon Valley Bank said, there are no implications for Silicon Valley Bank because as we said in our Q3 earnings call that they do not intend to sell their held to maturity securities. "I don't understand why local regulators weren't whispering to Silicon Valley Bank and all these other banks," he says.
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