Silicon Valley Bank and Other Banks Don't Take Risks Into Accounts

The problem with all of these banks is that worried me about it is, because I've been concerned of their way too relaxed about it. Silicon Valley Bank and some other banks bought 10 plus year securities, different kinds in different cases. They behaved completely as if it didn't matter. So when you do that when there's a big increase in the deposits like you had, you're putting a very large part of your portfolio into a very bad security. It's vastly overpriced.