CC-5576-03

CC-5576-03 t1_jcly856 wrote

SVB didn't invest in crypto, they kept their customer deposits in bonds. The problem was that as interest rates increased their old bonds became worth less. If it hadn't been for the bank run they could have held the bonds to maturity and then they wouldn't have lost any money.

Also a bank will never tell you if they're in danger because they don't want to incite a bank run.

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CC-5576-03 t1_ja7xvta wrote

I've also been burned by those series, but if an author has a good consistent release schedule I do still start unfinished series, example would be the expanse that I started before book 8 had been released, but the authors had a consistent 1-2 year release schedule

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