“My parents said if I didn’t get off the computer (and move out of their basement) that my brain would turn to mush. I just paid off THEIR house and run the cybersecurity for a Fortune 20 corporation. Thanks, World of Haiku!”
The demise of Silicon Valley Bank wasn’t driven by credit problems but by an old-fashioned mismatch of assets and liabilities that doomed many thrifts back in the 1970s.
