Comments by "First Last" (@First-Last_name) on "As another bank collapses, US regulators race to prevent spread of crisis I DW News" video.

  1. Well the SVB was a special case. It only worked with tech start ups and a few giants. The cutting back of tech companies lead to a lot of third party teams loosing funding and defaulting on their debts. Has this caused an avalanche?
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  2. Let's talk about you and me Let's talk about all the good things And the bad things that may be
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  3.  @wolfswinkel8906  sounds like you need more Salt-N-Peppa in your life 😉 Seriously though this definitely wasn't cool but not illegal. There should be clear laws to prevent actions in bad faith. We can't expect execs to be perfect moral actors. The ones who tey are swallowed by one's who aren't. This situation however had a lot more to do with the massive course shift with big tech. All the lay offs in voice software, VR, and other tech left a lot of 3rd party companies working with big tech in the wind. Meanwhile SVB almost exclusively leant out to tech start up companies usually smaller to mid sized. Then a huge amount of these companies started failing practically over night, so did SVB.
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  4.  @scottowensbyable  it was a promis early 2022 to invest 5 billion by 2027 in tech companies that qualified for a carbon tax credit like solar panels. Since it's March 2023 I'm going to assume most wasn't invested yet.
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  5.  @stevebusfield199  Tucker Carlson is like the best name for a drag queen.
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  6.  @DorisPayne348  if you know the lyrics, you set me up to continue the song. So I did
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  7.  @frankwiersma7980  well that's the 1 saving grace isn't it then. Since SVB operated more like a credit union then a Bank. Bloomberg has a pretty good article on their unique banking practices. It's definitely never good when something like this happens. I'm just thinking this is more tech related crisis then a financial institution crisis.
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  8.  @frankwiersma7980  the leman where leaders in the housing market crisis. The housing market has no level of comparison to SVB. The later bank was basically a penny stock investor.
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