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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I used to work at SVB. I am not surprised at all. Management there were handing out loans left and right when the tech boom hit. I left SVB that fall because I saw what was coming. [/quote] I don’t know how regulators don’t see this stuff. Someone asked me to look into this bank in 2019, took me 30min and I told him not to invest in it because of the risk profile. Greed is greed and this bank was concentrated and greedy. No guarantee it was going to fail, but signs were there that it was risked then most banks.[/quote] Forbes put SVB on the 2023 Best banks list at number 20.[/quote] Forbes hasn't been anything other than shill operation for years - no actual journalism there. No one would cite their rankings any more seriously than some random website.[/quote]
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