Re:Bank Run at Silicon Valley Bank
by WJW on Thursday March 09, 2023 @04:31PM
(#35087004)
It's true that all banks have that problem, but for most banks it is not necessary for the CEO to remind everyone of that fact in a press release. The fact that they feel the need to make this statement makes it clear that SV bank is having much higher withdrawals than normal right now.
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