Banks are a business and they invest deposits. It’s the very idea of a bank. Wha...

		koliber on March 14, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Banks are a business and they invest deposits. It’s the very idea of a bank. What SVB did was not foolish nor crazy. Somewhat less conventional and more risky, sure. But all the strong adjectives flying around in the media do not describe the situation properly.