FDIC Takes over Silicon Valley Bank

Re:FDIC Takes over Silicon Valley Bank by cal5k on Friday March 10, 2023 @12:49PM (#35098114)

There's a big difference between accounting for KNOWN risks wrt managing your treasury - something that every bank does as a matter of course - and trying new things.

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Re:FDIC Takes over Silicon Valley Bank by nairboon on Friday March 10, 2023 @01:16PM (#35098524)

What kind of bank doesn't know about interest rate risk? That's their whole business.

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Re:FDIC Takes over Silicon Valley Bank by cal5k on Friday March 10, 2023 @01:35PM (#35098856)

That's what I'm saying. That's not the bank doing anything fancy and failing because of it, it's them not doing the basic things every bank should be doing.

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Re:FDIC Takes over Silicon Valley Bank by CrazyStat on Friday March 10, 2023 @01:13PM (#35098491)

Surely having your reserves locked up in assets that you can't sell without taking large losses is a known risk?

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