FDIC Takes over Silicon Valley Bank

Re:FDIC Takes over Silicon Valley Bank by spicybright on Friday March 10, 2023 @03:00PM (#35100055)

I have a friend that's an accountant that tried to explain how it worked. I thought it was more or less being responsible for counting money, but I think my eyes glazed over a bit trying to understand it.

But to be fair he did pretty much the same when I tried to explain programming.

Always important to step outside your software bubble once and a while.

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Re:FDIC Takes over Silicon Valley Bank by lamontcg on Friday March 10, 2023 @03:12PM (#35100237)

I'm trying to understand how to read older 10-Ks and apply the capitalization of operating leases to those reports (converting property that is leased into capital to get an accurate estimate of the capital employed at the business) and with my background in IT and physics it is still a bit hard to follow (what I'm slow at is language, and really this is just learning a foreign language).

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