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Supernova
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Comments by "Supernova" (@MrSupernova111) on "Venture Capitalist Ryan Gilbert calls SVB fallout an earthquake with massive holes" video.
Go on please.
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@smooshstar . Ok. Thanks.
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@smooshstar . Thanks!
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@Jimbo Jimbo . Its not just bad luck. Banks are supposed to have reserves for liquidity crunches. However, this bank clearly lent out more than it should have then liquidate billions worth of treasurys at a loss and sell equity which led to the run on the bank once the word got out. Their equity sale fell through on Thursday which ignited the run on the bank. Again, not just bad luck. More like gambling gone wrong.
2
@patland1762 . Remember AIG? There are no guarantees in the real world.
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Good times!
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