Re:FDIC Takes over Silicon Valley Bank
by chippiewill on Friday March 10, 2023 @09:07PM
(#35104361)
It's possible to be criminally negligent. If you took unnecessary risks then it can carry a criminal element.
Re:FDIC Takes over Silicon Valley Bank
by zenlikethat on Saturday March 11, 2023 @12:19AM
(#35105651)
MBS are literally one of the safest looking bets imaginable, most likely Silvergate blasted a huge hole in their books and set off a cascade of trouble
Re:FDIC Takes over Silicon Valley Bank
by HDThoreaun on Saturday March 11, 2023 @01:47AM
(#35106107)
Long term fixed income at near 0 percent interest when you might have to give the money you used to buy it back is very risky, as we see here.
Re:FDIC Takes over Silicon Valley Bank
by paulddraper on Saturday March 11, 2023 @03:27PM
(#35112344)
What's a safer investment?
For what crime?
If someone unintentionally but ineptly writes code that crashes Amazon on Black Friday, did they commit a crime?