SVB: Deja vu, all over again?
1) bank had several like way too many accounts over the FDIC limit.
2) they did not have a chief risk officer for over a year and the previous one quietly sold their stock and left in spring of 22.
3) Yellen says they will take care of the deposit holders but the shareholders can pound salt.
4) we really need Glass-Steagall back because Dodd-Frank didn't get the job done. This is likely because under Trump the rules were loosened which allow for this to...
SVB: Deja vu, all over again?