Chapter
The Risk of Silicon Valley Bank
07:21 - 12:48 (05:27)
Silicon Valley Bank had $195 billion in liabilities at the end of the year, out of which they owe $173 billion of customer deposits and $22 billion of other debt, leaving them potentially vulnerable to a run on the bank if just 25% of customers demand their cash back.
Clips
Silicon Valley Bank is selling tens of billions of dollars worth of US treasuries as part of its strategy to rebalance its balance sheet.
07:21 - 10:36 (03:15)
Silicon Valley Bank
Summary
Silicon Valley Bank is selling tens of billions of dollars worth of US treasuries as part of its strategy to rebalance its balance sheet. The bank currently holds $195 billion in liabilities, $173 billion of which is in customer deposits.
ChapterThe Risk of Silicon Valley Bank
EpisodeE119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The creation of modern securities laws in the 1920s enabled banks to operate and provide liquidity to customers.
10:36 - 12:48 (02:12)
Securities laws
Summary
The creation of modern securities laws in the 1920s enabled banks to operate and provide liquidity to customers. The quick deposits of Silicon Valley Bank enabled them to buy treasuries with the cash they received as deposits.