[Bigiron]

Why did Silicon Valley Bank fail, and what does it mean?

https://www.scmp.com/business/banking-fi...e=rss_feed

[teaserteam]

Mismanagement by the banks.. There are many such examples.  I know of one establishment raising about SGD $1 billion through Bond issues meant for new development;  then came the Recession.  They lent out the money to a private leasing firm; fortunately,  they were able to pull through losing some interest money.