bank failures | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com He who makes a beast out of himself gets rid of the pain of being a man. Tue, 14 Mar 2023 23:51:33 +0000 en-US hourly 1 https://i0.wp.com/wallstreetdealmaker.com/wp-content/uploads/2018/12/pitbullgif.gif?fit=32%2C22&ssl=1 bank failures | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com 32 32 155119938 We are still here, even with SVB failing https://wallstreetdealmaker.com/2023/03/we-are-still-here-even-with-svb-failing/ https://wallstreetdealmaker.com/2023/03/we-are-still-here-even-with-svb-failing/#respond Tue, 14 Mar 2023 23:51:30 +0000 https://wallstreetdealmaker.com/?p=2717 The news of the week is, of course, the failure and takeover of Silicon Valley Bank by regulators. Years ago, when I talked about the widespread mess in the venture capital world, almost nobody paid attention. Now with a run on this bank, folks are mindful of some of the … Continue ReadingWe are still here, even with SVB failing

The post We are still here, even with SVB failing first appeared on Wall Street Financier: Notes from High Altitude©.]]> The news of the week is, of course, the failure and takeover of Silicon Valley Bank by regulators. Years ago, when I talked about the widespread mess in the venture capital world, almost nobody paid attention. Now with a run on this bank, folks are mindful of some of the things we said [power comes at a price]. I suggest you read this commentary where Fed’s insanely high interest rate increases is to blame for this mess.

Power is egregiously concentrated in the hands of a few, and that’s never going to change.

Time is favoring the wicked. It’s the way of the world.

The post We are still here, even with SVB failing first appeared on Wall Street Financier: Notes from High Altitude©.]]> https://wallstreetdealmaker.com/2023/03/we-are-still-here-even-with-svb-failing/feed/ 0 2717