03-20-2023, 05:42 PM
(03-20-2023, 04:56 PM)TonyLima Wrote:(03-20-2023, 03:56 PM)Beeg_Dawg Wrote:(03-20-2023, 09:11 AM)Mick Wrote: The Fed flagged SVBs risk management profile back in 2019, and increased their, shall we say, collective expressions of alarm in 2020, 2021 and July, 2022. The most interesting part to me is that SVB was allowed to triple in size in less than three years after the alarms were raised.
Fed Raised Concerns About SVB’s Risk Management in 2019
Mick - how was SVB allowed to triple in size? How does the FED toss out an anchor to slow down SVB's growth? What options are available to the FED when it flags a banks risk management profile?
I’ll be writing about this Tuesday. Preview: the regulators did everything they were legally allowed to do. If management continually ignores them, that’s on Greg Becker et. al., not the Fed.
I'm interested in the article and hope you link it here, but in the interest of avoiding another lockdown, I will not comment as to who is at fault. ;-)
When I registered here in 2014, TrumpCard seemed like an apolitical user ID...
