Regulators blame social media for SVB’s rapid collapse: ‘Complete game changer’. It’s our fault on Twitter for talking about their lousy risk management.
Source:https://t.co/HE36FKAOEt — Wall Street Mav (@WallStreetMav) March 29, 2023 Fed Vice Chair Barr is testifying today that banks need more stringent "stress testing." What a joke. A bright high-school kid with a spreadsheet could see SVB was insolvent. What's needed …