Fair Observer

Who Broke the Silicon Valley Bank and What Now

On Friday, March 10, California-based Silicon Valley Bank (SVB), was forced to close. SVB was among the top 20 US banks by assets. Its collapse was the second-largest bank failure in US history. Who could have caused SVB’s collapse? Let...

Holy Smoke: The Cannabis-Growing Nuns of California

On Friday, March 10, California-based Silicon Valley Bank (SVB), was forced to close. SVB was among the top 20 US banks by assets. Its collapse was the second-largest bank failure in US history. Who could have caused SVB’s collapse? Let us examine the potential culprits one by one. The Federal Reserve In an interview with YouTube channel Blockworks Macro, Chris Whalen, an investment banker and author, puts the blame for...

Fair Observer

Being Homeless: In Their Own Words (Part 2)

On Friday, March 10, California-based Silicon Valley Bank (SVB), was forced to close. SVB was among the top 20 US banks by assets. Its collapse was the second-largest bank failure in US history. Who could have caused SVB’s collapse? Let us examine the potential culprits one by one. The Federal Reserve In an interview with YouTube channel Blockworks Macro, Chris Whalen, an investment banker and author, puts the blame for...

Fair Observer
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