Why Silicon Valley Bank Collapsed
What Next | Daily News and Analysis
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What's Better Risk Management?
In 2007, the problem is we have huge amounts of assets and we don't know how to value them. And where is this garbage? Whose books isn't even on here? The issue is interest rates go up. Interest rates are not unusual right now. They've gone up and somehow they just fail to take any of the time they needed to cover this hole in their balance sheet.
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