Bank Run At Silicon Valley Bank
The USA's 18th largest bank drained of $42 Billion, leaving that bank with negative $1 Billion...... the big winner: Jamie Dimon
Every ponzi scheme (Bernie Madoff, Silicon Valley Bank, the government of the United States, etc.) have a few winners (who got out early) and many (many) losers.
Record Bank Run Drained A Quarter, Or $42BN, Of SVB's Deposits In Hours, Leaving It With Negative $1BN In Cash
BY TYLER DURDEN
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