ThunderHorse
Verified Military
I don't know much about what's going on...but this looks real bad.
SVB was a big time lender to the green energy sector that was also fueled by government subsidy.
https://www.cnn.com/2023/03/12/investing/silicon-valley-bank-bailout/index.html
Signature Bank had a lot crypto assets and we've seen that crash all over the place.
Regulators close crypto-focused Signature Bank, citing systemic risk
SVB was a big time lender to the green energy sector that was also fueled by government subsidy.
https://www.cnn.com/2023/03/12/investing/silicon-valley-bank-bailout/index.html
Signature Bank had a lot crypto assets and we've seen that crash all over the place.
Regulators close crypto-focused Signature Bank, citing systemic risk