Hacker News new | past | comments | ask | show | jobs | submit login

Why wouldn't there be a way? They're a government corporation with a $2bn budget, thousands of employees, whose only purpose is to oversee this kind of event. And it's not like they've been overwhelmed with work recently. The bankruptcy was only made public Friday, but they've been working on it for longer than that. Yes, they've certainly done their due diligence.



> The bankruptcy was only made public Friday, but they've been working on it for longer than that.

Not much longer. It's only Thursday's run that tipped SVB into insolvency.


> It's only Thursday's run that tipped SVB into insolvency.

What triggers in their holdings do you think started the run?


I think we understand that differing mark-to-market rules between GAAP and banking regulations were important here.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: