#SVB auction underway. https://www.bloomberg.com/news/articles/2023-03-12/fdic-auction-for-svb-said-to-be-underway-final-bids-due-sunday
“Prominent Silicon Valley personalities and executives have been hitting the giant red ‘panic’ button, saying that if Washington does not come to the rescue of Silicon Valley bank’s depositors, more bank runs are likely this week.” https://apnews.com/article/silicon-valley-bank-janet-yellen-bailout-fdic-fail-failed-c224cf4d2ef07c70cd27e7d0d3be628b
@w7voa This is what I'm hearing:
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