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Fed Alarms at SVB Began More Than Year Ago
Bloomberg Businessweek
What Kind of Warning Signs Did You Notice?
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"I think it's been pretty evident to investors and bank companies that their books were under water. What was a bit of a surprise is how rapidly some of the regional one just disappeared," he says. "We've actually sold off our remaining long positions that we had in bank from the 2008 credit crisis."
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