Re:SVB shows that there are few libertarians in a financial ...
by ajross on Monday March 13, 2023 @07:49PM
(#35145026)
Again that's revisionist. They booked a huge loss (something like $1.2B) last week, before the bank run, precisely because they lacked liquidity to handle routine withdrawals. The bank run is the effect, not the cause.
[ Parent
| on HN ]
There are no comments on this comment yet.