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Re:Bank Run at Silicon Valley Bank by axlee on Thursday March 09, 2023 @06:32PM (#35088396)
FTX's actions have nothing to do with what is happening with SVB, it's not even close. Why make a bad parallel?
Re:Bank Run at Silicon Valley Bank by Narkov on Thursday March 09, 2023 @07:13PM (#35088758)
The parallel is selling equity when you are in trouble is not ideal. Different reasons or sectors or whatever...but the principal is the same.
Re:Bank Run at Silicon Valley Bank by hd95489 on Thursday March 09, 2023 @09:52PM (#35089868)
I mean it’s just as bad as buying it at the peak.
Re:Bank Run at Silicon Valley Bank by FormerBandmate on Thursday March 09, 2023 @09:18PM (#35089640)
Their emergency stock sale was a key sign of their implosion. Healthy financial institutions never do this