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The lesson is to mitigate this risk with insurance, account structures and other things.

I think the lesson is also don’t bank with banks doing shady, dumb things. And that’s a valuable lesson that people with over $250k should already know and not need to be taught.



What did SVB do that was shady and dumb?


Looked into it further, they didn't really do anything shady, but they did fail to hedge their interest rate risk with swaps, which is dumb.




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