[HN Gopher] Silicon Valley Turned on Silicon Valley Bank
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       Silicon Valley Turned on Silicon Valley Bank
        
       Author : uberdru
       Score  : 22 points
       Date   : 2023-03-12 18:18 UTC (4 hours ago)
        
 (HTM) web link (www.wsj.com)
 (TXT) w3m dump (www.wsj.com)
        
       | killingtime74 wrote:
       | https://archive.is/2Z8sJ
        
       | more_corn wrote:
       | As I first read this headline I was hoping for an IT crowd joke
       | about how the 3 day blip in access to deposits is causing a bit
       | of a reboot for startups.
       | 
       | "Silicon valley Bank turned Silicon Valley off and then on again"
        
       | sql-spy wrote:
       | If you're first out the door, that's not called panicking.
        
       | KRAKRISMOTT wrote:
       | SVB wasn't big enough. If Wells Fargo or Chase or some other
       | bulge bracket had a bank run, they would be swimming in bailouts
       | already.
        
         | projektfu wrote:
         | That's sort of a tautology. The agencies bailed out and married
         | systemically important banks, but also put a number of extra
         | restrictions on them after Dodd-Frank. SVB argued that it was
         | not systemically important and didn't need that treatment.
        
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       (page generated 2023-03-12 23:03 UTC)