The Collapse of SVB Exposes the Largest Crack in the Economy

Re:The Collapse of SVB Exposes the Largest Crack in the Economy by MrBuddyCasino on Saturday March 11, 2023 @03:48AM (#35106648)

This btw is Jay Ersapah, Head of Financial Risk at SVB. Apparently DEI & LGBTQ issues were more important than making sure their assets & obligations are balanced: https://twitter.com/the_real_fly/status/1634035956188688385

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by fidgewidge on Saturday March 11, 2023 @04:26AM (#35106818)

At SVB UK, which is isolated apparently. Not that it reduces the impact of the image ...

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by fidgewidge on Saturday March 11, 2023 @07:10AM (#35107632)

Isolated ... or not. Damn this situation moves fast.

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by throwayyy479087 on Wednesday March 15, 2023 @10:34AM (#35168897)

SVB UK also failed this week.

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by djfobbz on Saturday March 11, 2023 @12:17PM (#35110377)

We are living in a REAL CLOWN WORLD!

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by Longtermvalue1 on Saturday March 11, 2023 @04:33PM (#35112949)

It’s reported that SVB paid executives bonuses to grab cash right before they were shit down. Each of these executives names should be published & exposed as the grifters they are.

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by 1980phipsi on Saturday March 11, 2023 @06:15PM (#35113794)

Come back when you have the entire risk mgmt org chart and show she is at the top. Then I would be interested.

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Re:The Collapse of SVB Exposes the Largest Crack in the Economy by throwayyy479087 on Wednesday March 15, 2023 @10:34AM (#35168890)

SVB UK has now been sold to HSBC for 1 pound.

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