Silicon Valley Bank and Signature Bank Failures – A Crisis in Confidence, Not Cracks in the System
On Friday, March 10, regulators took control of Silicon Valley Bank as a “run on the bank” unfolded. Two days later, regulators took control of a second lender, Signature Bank. Just 15 years earlier investment banks Bear Stearns, Lehman Brothers, and Merrill Lynch collapsed under the weight of bad mortgage bets that marked the beginning of […]
