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Re:FDIC Takes over Silicon Valley Bank by yeahsure22 on Friday March 10, 2023 @12:55PM (#35098201)
But they didn’t have to buy THOSE bonds. They bought the wrong bonds.
Re:FDIC Takes over Silicon Valley Bank by themitigating on Friday March 10, 2023 @01:29PM (#35098750)
Did they know they were buying the wrong bonds?
Re:FDIC Takes over Silicon Valley Bank by nairboon on Friday March 10, 2023 @01:44PM (#35099004)
Of course, they are bankers, bonds are their daily business.
Re:FDIC Takes over Silicon Valley Bank by MrMan on Friday March 10, 2023 @02:41PM (#35099769)
I think maybe they are not very good at running a bank.