@MarioNawfal If SVB had better risk management, and were smarter about managing their interest rate risk, and continued to ignore their concentration risk, we would not be in this situation. No other bank had such colossal incompetent management.
I need 1,500 more followers to overtake someone on my list of enemies. If you believe small, petty victories that no one else but you will ever notice are a worthwhile endeavor, then please retweet so I can win a game that only I am playing.
NRDC Partners with Garage Museum of Contemporary Art to Showcase The Coming World: Ecology as the New Politics 2030–2100 at EXPO CHICAGO https://t.co/0qtQ0Up35G via @nrdc
Overnight or Average? Fed's Quarles says Libor-alternative, SOFR, should be used more widely, and suggested they consider publishing a compound average of SOFR -- "call it SAFR, for secured average financing rate." #LIBOR#SOFR. https://t.co/XmDj742Iwo