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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 asimpletune on Sunday March 12, 2023 @05:39AM (#35118295)
Because rates were near 0 at the time for short term bonds. Interest rates were so low that there was nowhere else to park the money. Usually this is fixed with loans but with startups having lots of VC money they didn’t need loans.
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Re:SVB lobbied the government to relax some Dodd-Frank provi... by JumpCrisscross on Sunday March 12, 2023 @12:58PM (#35122662)
> rates were so low that there was nowhere else to park the money

There were plenty of places to park cash. Just none whose yield SVB liked.

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