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Nathan Myhrvold: Banking Is Always a Risky Business


SVB isn’t that unusual. Most depositor money is at work someplace else, so the possibility of a run is ever present. Like many tech firms, my company and some of the startups we’ve created spent the weekend worrying as the fate of Silicon Valley Bank and its depositors hung in the balance. By Sunday the Federal Deposit Insurance Corp.

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Posted: March 14, 2023 Tuesday 06:06 PM