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Dodd–Frank Wall Street Reform and Consumer Protection Act

The Fed Admits It Played a Role in SVB Crisis

In a highly anticipated report on the collapse of Silicon Valley Bank, the Federal Reserve admits that it should’ve been paying slightly closer attention to the tech-centric bank before it unceremoniously collapsed last month. At the same time, the Fed’s report also reveals what everybody already could’ve guessed: SVB was a poorly run bank.Robinhood App Lays Off 9% of StaffLong a headquarters for the money of tech startups and venture capital, SVB collapsed in March as the result of a number of screwy financial decisions

The Wall Street Journal Thinks Silicon Valley Bank Woked Itself Into Bankruptcy

Silicon Valley Bank was the second-largest failure in U.S. history, but one WSJ columnist seems to think that having a minority of board members made up of minorities somehow played a part in its collapsed.Photo: Justin Sullivan (Getty Images)Another bank fails, and the anti-regulation apologists are quick to follow. Tech startup darling Silicon Valley Bank’s utter collapse this past week and the U.S. government’s quick bailout was one for the record books, but one Wall Street Journal writer seems to think that SVB was