Submitted by Loud_Adagio2222 t3_11txs83 in nottheonion
SilasX t1_jcukocj wrote
Reply to comment by New_Stats in SVB blames remote work for bank failure by Loud_Adagio2222
SVB collapsed because of their long-term Treasury bonds, not their conventionally-risk investments like startups or crypto.
When is this misconception going to die?
[deleted] t1_jcunae4 wrote
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