News for hackers. Stuff that matters.

A comment on SVB lobbied the government to relax some Dodd-Frank provisions. Parent comment

Re:SVB lobbied the government to relax some Dodd-Frank provi... by comte7092 on Saturday March 11, 2023 @11:11PM (#35116578)
This regulation would have required that they undergo more rigorous stress testing by the fed.

Would it have prevented a bank run by a bunch of spooked VCs? We’ll never know, but one would imagine it would have put them in a better financial position.

[ Parent | on HN ]
Re:SVB lobbied the government to relax some Dodd-Frank provi... by JumpCrisscross on Sunday March 12, 2023 @07:07AM (#35118736)
> have prevented a bank run by a bunch of spooked VCs

Yes. If SVB weren’t mark-to-market insolvent, they could have borrowed at the Fed’s discount window to settle liabilities.

[ Parent | on HN ]