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A comment on FDIC Takes over Silicon Valley Bank. Parent comment

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.
[ Parent | on HN ]
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.
[ Parent | on HN ]