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.
Kara, Scott, and William D. Cohan are back with a bonus episode to talk through Silicon Valley Bank’s 48 hour collapse. What does its fall mean for tech? Who's to blame? Will depositors be made whole?
You can follow William D. Cohan at @WilliamCohan.
We’ll be back with a regular episode on Tuesday!
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