Template:Disaster roll - SVB memeplex: Difference between revisions

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|[[Frank]]||2023||US|| $175m || Fraud, unfeasible gullibility||Javice got fired. Surely more to come||Not yet clear
|[[Silicon Valley Bank memeplex]]||2023||US|| $80bn or more|| Dopey bank management, regulator asleep at switch, Peter Thiel panicking||Bank insolvent. Bondholders and shareholders wiped out. Other banks levied. Triggered other moral panics such as First National, Signature bank and others (poor old lucky Credit Suisse)||None yet. Lots of arguments about the presence or absence of moral hazard. Moral ''panic'' more like.

Revision as of 08:47, 17 March 2023

|Silicon Valley Bank memeplex||2023||US|| $80bn or more|| Dopey bank management, regulator asleep at switch, Peter Thiel panicking||Bank insolvent. Bondholders and shareholders wiped out. Other banks levied. Triggered other moral panics such as First National, Signature bank and others (poor old lucky Credit Suisse)||None yet. Lots of arguments about the presence or absence of moral hazard. Moral panic more like.