Re:For the First Time, the Fed Is Losing Money
by sfifs on Tuesday March 28, 2023 @09:03PM
(#35350591)
I wonder if the bank run on SVB wasn't planned or coordinated in some way by VCs & private to create a scare in the financial system to force rate hikes to stop or slow down as VCs and Private Equity did very well in the era of free money and now are facing headwinds. It is not as if the VCs who triggered the collapse are not very smart people who would not have understood the exact implications of what they were doing.
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