The Collapse of Silicon Valley Bank, Federal Regulators and Fears of Financial Contagion

[VCheng]

World-renowned Socrates's reply to not-so-famous Mediocrates:

@Foinikas

Of course. But it depends on what philosopher the followers decide to follow.

 

[_NOBODY_]

Of course. But it depends on what philosopher the followers decide to follow.

Copium sales are doing well throughout the world so I am afraid that more people will be following Mediocrates.

 

[VCheng]

Copium sales are doing well throughout the world so I am afraid that more people will be following Mediocrates.

Exhibit A: USA. Of course.

 

[Indos]

We will see whether these banks fallout will stop The Fed interest rate increases policy

 

[lastofthepatriots]

SVB is a California State bank, so I doubt Fed are going to bail them out with Tax Payer money, FDIC will bail out the investor/customer because they had to, but I doubt they will do anything about shareholder, in fact, I can see FCC probably going to lay charge on the stake holders for non-sustainable risk.

The problem for SVB collapse is due to their maturity risk, it's not like SVB loses all their customer money (like Chase before) with high risk investment, SVB were buying a lot of long term bond and when the Fed increase rate, bond value decreased, and they have to sell their bond to convert so they have enough liquidation for withdrawal, and they can't convert because it's long term and the bond were losing value, hence the collapse.....

I think the DOJ and FCC are going to lay charge on some of the SVB exec.

They should especially as they were giving fat bonuses to themselves hours before the collapse.

 

[_NOBODY_]

The Silicon Valley Bank Collapse, Explained | WSJ​

The abrupt collapse of the Silicon Valley Bank, the second-biggest bank failure in U.S. history, prompted regulators to impose emergency measures to stem the fallout.

 

[jhungary]

They should especially as they were giving fat bonuses to themselves hours before the collapse.

I heard most of them are shareholder of the company, their "bonus" is as good as gone as their share worth less than the paper it was printed on.

 

[_NOBODY_]

Red Flags about SVB were Missed, Rep. Hill Says​

Rep. French Hill, a Republican from Arkansas, talks about the collapse of Silicon Valley Bank and its impact on the banking sector.

 

[VCheng]

Red Flags about SVB were Missed, Rep. Hill Says​

Trump's deregulation of the banking industry played a role in this lapse.

 

[_NOBODY_]

Trump's deregulation of the banking industry played a role in this lapse.

The banking industry should always be well-regulated, if not heavily regulated. One of the good things that happened to Pakistan due to being put on the FATF's grey list was the massive increase in the regulation of our banking sector.

 

[VCheng]

The banking industry should always be well-regulated, if not heavily regulated. One of the good things that happened to Pakistan due to being put on the FATF's grey list was the massive increase in the regulation of our banking sector.

Finding the right balance is the key, not always an easy task considering that the rate of change and evolution is pretty quick.

 

[_NOBODY_]

'Shark Tank' star shares biggest lesson from the SVB collapse​

Kevin O'Leary, chairman of O'Leary Ventures and host on "Shark Tank," gives his takeaways on what led to the collapse of Silicon Valley Bank and how it will affect customers and investors.

 

[StraightEdge]

Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment' (cnbc.com)

With inflation, mere 1% projected GDP growth (I think it will be closer to 0% now), this financial crisis is a perfect storm for US economy.

 

[Zsari]

How lobbying works in the US.

 

[gambit]

History of U.S. Bank Failures — Banking Strategist

History and overview of bank failures in U.S. Information and data on current bank failures. Historical trends. Key episodes of U.S. banking failures. Bank Failure Rate.

www.bankingstrategist.com

The problem here is that most are borned AFTER the '80s and '90s, so for them, history does not exist before the internet.