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+--- Thread: Why did Silicon Valley Bank fail, and what does it mean? (/Thread-Why-did-Silicon-Valley-Bank-fail-and-what-does-it-mean)
Why did Silicon Valley Bank fail, and what does it mean? - Bigiron - 14-03-2023
Why did Silicon Valley Bank fail, and what does it mean?
RE: Why did Silicon Valley Bank fail, and what does it mean? - teaserteam - 14-03-2023
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.