Silicon Valley Bank collapsed because of Greed full stop 🛑

Bought bonds at Top, dithered for 1+ year, sold at the Bottom.

Why? Because CEO didn't want SVB stock to eat 2022 Unrealized Losses & show poor Earnings.

He gambled the bank could wait it out..

Instead they got found out 🪦

Reply to this note

Please Login to reply.

Discussion

Shady business practices…. FYI you need a wallet check this out..

https://t.me/LightningTipBot

Spot on Matt