HACKER Q&A
📣 selvan

How did risks of SVB's investments gone unnoticed?


A listed company always files quarterly/annual reports.

Considering SVB's stature and size, many trading firms & funds would have exposure to SVB .

How did risks of SVB's investments gone unnoticed for multiple quarters?.

Any thoughts?.


  👤 mo_42 Accepted Answer ✓
If you go to the casino, you don’t know how much money you’re going to loose. But you can calculate an expectation value because the odds are known. In the financial system, you cannot quantify your risk. It depends on many more factors (including human behavior) than rolling a dice.

This is probably true for people working inside SVB. For people looking at the aggregated reports from the outside it’s worse or practically impossible to judge.


👤 nemothekid
They were noticed; they were shorts on twitter in January.

👤 mardiyah
It's.

It's deliberately concealed by its major authorities


👤 BMc2020
They failed to proof read before posting?

👤 agnokapathetic
SVB CEO Greg Becker lobbied the government to relax some Dodd-Frank provisions on regional lenders in 2015. Trump did in 2018.

https://fortune.com/2023/03/11/silicon-valley-bank-svb-ceo-g...