Silicon Valley Bank's Shuttering of Payroll

Bruce Schneier: Silicon Valley Bank, they do work with a lot of tech companies. He says the bank has all this money locked up in long term investments,. but they can't fulfill depositors withdrawal requests. So then they're like, we need to raise money and how they communicated it scared people that had lots of money there. The book's about six different things that are really short that happened over a couple of years.