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You Just Fucking FTX?
Silicon Valley Bank shares plummeted amid fears of a bank run. After the bank said it needed to raise $2 billion in equity to offset losses on long-term bond sales, the major tech firm lender is reportedly now in talks to sell itself. It's just like... Well, it happened on Friday. We were just saying this financial system could collapse next week. So then what does that mean? It collapsed. And it's just nobody bailed them out.