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Law’s Anat Alon-Beck comments on recent collapse of Silicon Valley Bank

Silicon Valley Bank collapses, FDIC takes control
ForbesAnat Alon-Beck, assistant professor of law, explained the recent collapse of Silicon Valley Bank. “The major signs of trouble came when (the bank) announced that its clients were burning cash at a rate faster than the bank could raise capital to cover,” she said. “Then, clients panicked and the withdrawal requests began. SVB was forced to begin to sell off some of its own holdings.”