Lehman's Bankruptcy

[fusnik]

high probability the svb collapse is lehman 2.0.

Lehman, when they collapsed, was the third or fourth largest investment bank. Like a 60-70b market cap in 2007,
SVB pre collapse had what, 5b? Lehman was the largest corporate bankruptcy in America.

I’m surprised so many people keep saying this is akin to the Lehman sitch.

[All-American]

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And who keeps over $250k in personal savings in one bank?

People with $450 million, like Roku.

[Jeff Lebowski]

People with $450 million, like Roku.

Come on. That would only require spreading it out over 1800 banks.

[falafel]

Lehman, when they collapsed, was the third or fourth largest investment bank. Like a 60-70b market cap in 2007,
SVB pre collapse had what, 5b? Lehman was the largest corporate bankruptcy in America.

I’m surprised so many people keep saying this is akin to the Lehman sitch.

Aren't you over 40? I'm surprised you are still using words like sitch and probs.

[Moliere]

People with $450 million, like Roku.

Crazy they didn’t put it somewhere other than a deposit account. They deserve to lose most of it just for being stupid.

[fusnik]

https://mobile.twitter.com/danprimac...57791345934337

LOL, the 1 black caused the leadership of SVB to be distracted!

DeSantis parrots this line of thought.

Racism much?

[Moliere]

A potential service provider gave me a presentation to review. The last slide has the logos of the companies that use the service, complete with Apple, Walmart, etc. Then, near the bottom is the Silicon Valley Bank logo . I’m considering not telling them…

ftr, it’s a risk management type of service, which makes it funnier

[Bo Diddley]

A potential service provider gave me a presentation to review. The last slide has the logos of the companies that use the service, complete with Apple, Walmart, etc. Then, near the bottom is the Silicon Valley Bank logo . I’m considering not telling them…

ftr, it’s a risk management type of service, which makes it funnier