News for hackers. Stuff that matters.

A comment on The entire Silicon Valley Bank debacle was started by a single blogger in Austin. Parent comment

Re:The entire Silicon Valley Bank debacle was started by a s... by Ekaros on Saturday March 11, 2023 @07:47PM (#35114892)
Because actions of fed made the bank unstable. By lowering value of things it hold

And then other people attacked it causing a bank run that put it over the edge.

Without the run, it likely could still be operating without too big issues.

[ Parent | on HN ]
Re:The entire Silicon Valley Bank debacle was started by a s... by cosmotic on Saturday March 11, 2023 @11:26PM (#35116667)
The bank chose to make risky investments with the deposits it held. That's on the bank, not the fed.
[ Parent | on HN ]
Re:The entire Silicon Valley Bank debacle was started by a s... by jacknews on Sunday March 12, 2023 @07:18AM (#35118803)
US Treasuries?
[ Parent | on HN ]