News for hackers. Stuff that matters.
Re:Yellen says government will help SVB depositors but rules... by brasic on Sunday March 12, 2023 @11:24AM (#35121138)
SVB explicitly argued that it was not capable of risking systemic failure and on that basis gained an exemption from Dodd-Frank rules that would have prevented them from failing to hedge against interest rate risk that took them down.

https://fortune.com/2023/03/11/silicon-valley-bank-svb-ceo-g...

There has to be some accounting for that.

There are no comments on this comment yet.