Silicon Valley Bank's three fatal flaws

2024-12-25 01:26:53 source:lotradecoin trading platform reviews category:Scams

For decades, Silicon Valley Bank was the bank for thousands of startups and tech companies in the Bay Area. No longer. SVB's sudden failure last week has roiled the tech world. And it forced regulators to step in as concerns grew about the wider financial system. On today's episode, we look at what happened at SVB, and the three reasons that made the bank especially vulnerable to collapse.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Scams

Recommend

The Sundance Film Festival unveils its lineup including Jennifer Lopez, Questlove and more

Next year’s Sundance Film Festivalwill feature Jennifer Lopezsinging and dancing in Bill Condon’s “K

French bulldogs remain the most popular US breed in new rankings. Many fans aren’t happy

NEW YORK (AP) — French bulldogs. U.S. dog owners. C’est l’amour. Frenchies remained the United State

Georgia bill could provide specific reasons for challenging voters

ATLANTA (AP) — A Georgia state senator says he’s seeking to make it harder for people to challenge t