Damus
nostrich profile picture
nostrich
Looks like this week will determine whether or not Silicon Valley Bank was a terrible manager of risk and is a one-off failure, or if everyone who has been saying "the banks are more well capitalized than ever post-2008" have been living a lie.
1
Lloyd · 153w
The next decade will be about asset quality. “Well capitalized balance sheets” can evaporate when they are full of junk assets.