2min chapter

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Silicon Valley Bank’s Downfall

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CHAPTER

Is This Bad Cash Management by SVB?

SVB had no chief risk officer between April, 2022 and January. CEO Greg Becker lobbied against Dodd-Frank regulations in 2015. Sold sold more than $3 million in stock over the last two weeks. He's also no longer on the board of the San Francisco Fed as of Friday. One account raised red flags with its held to maturity bonds back in January.

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