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RE: Silicon Valley Bank | The 16th Largest Bank in the U.S. Goes Under
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@shortsegments
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I have heard they had to sell those securitites before maturation because a big Federal Home Loan debt came due. It's curious that a Federal Agency would insist on a payment, which would render the borrower insolvent, especially a bank.
If I was wearing a tin foil hat I might be suspecting Federal Plan Choke Point was real. I shall try not to pay attention to the man behind the curtain pulling the strings.
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